Finance

Report: Bank of Spain Worried About Inflation and Its Consequences in Latam

Coins Legend July 18, 2022 0

The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still

Regulation

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

Coins Legend June 21, 2022 0

The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered. Bank of Spain Crypto Registry […]

News

Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’

Coins Legend June 4, 2022 0

Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the cryptocurrency market is now bigger than subprime mortgages before the financial crisis circa 2008, […]

News

Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases

Coins Legend April 11, 2022 0

The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to […]

News

Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country

Coins Legend March 31, 2022 0

The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% […]