Tagged: bank of spain

MONEI Poised to Offer First Digital Euros Under Watchful Eye of Bank of Spain’s Fintech Sandbox

Spanish Fintech MONEI is reporting that it has received the “green light” from the Bank of Spain’s Fintech Sandbox to launch a digital Euro –  “EURM.” MONEI is a platform that aims to simplify and streamline digital payments, allowing any organization to integrate with Shopify… Read More

The Bank of Spain Confirms Registration of Coinmotion as Cryptocurrency Operator

Coinmotion, a Finland-based cryptocurrency service provider, has obtained confirmation from the Bank of Spain as “a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets with the registration number D741.” This means that Coinmotion “reinforces its presence in the… Read More

Digital Assets: Bit2Me Becomes First Spanish Firm to Obtain VASP License from Bank of Spain

Bit2Me has reportedly become the first Spanish firm to successfully obtain registration from the Bank of Spain as a provider of services for exchanging digital currency for fiduciary currency and custody of electronic wallets. Bit2Me was notably the first exchange to apply for registration with… Read More

Financial Services Capital Finalizes Acquisition of its Stake in JZ Lending Ltd

Financial Services Capital (FSC), the private equity investor focused on the ongoing transformation of the European financial services industry, has finalized its acquisition of a stake in JZ Lending Ltd, which currently controls Spain’s consumer finance platform Unión Financiera Asturiana. The Bank of Spain has… Read More

Global Banking Authorities Postpone Release of Basel III Banking Rules Reform from Jan 2022 to Jan 2023 Due to COVID-19

Global banking regulators released a statement on March 27, 2020 in which they noted that elements of the Basel III banking rules reform that have not yet been finalized will be delayed for at least a year, because of the coronavirus (COVID-19) outbreak. The release… Read More

Digital Bank Neo Receives Regulatory Approval from Bank of Spain to Offer Multi Currency Accounts

Digital  bank Neo has received regulatory approval from the Bank of Spain to launch a corporate multi-currency account. According to a release from the company, Neo will now create a PSD2 payment institution which will be supervised by the Bank of Spain. The Barcelona-based company, with… Read More

¡Aprobado! MytripleA CEO Anton Discusses Additional CNMV Authorization

This month the Spanish financial regulator Securities Exchange Commission (CNMV)  authorized MytripleA as a Platform for Participatory Financing, the formal name for a crowdlending platform. This is one of the first actions to implement Law 5/2015 Promotion of Corporate Financing. “Alternative financing is growing rapidly in… Read More

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