Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption of cryptocurrencies is accelerating as traditional financial institutions integrate more crypto-savvy investors. He noted that the investment, made through one of the bank’s funds, marks a significant step toward mainstream crypto adoption. The name of the bank has not been disclosed yet. Bitwise Asset...
Read More »Barcelona and Real Madrid Legends Accused of Endorsing a €3 Billion Crypto Ponzi (Report)
The cryptocurrency sector comprises various legitimate projects and innovations but is also rife with fraudulent schemes. One such scam reportedly pocketed billions of euros from its unsuspecting clients after using popular football players as backers. Painful Losses Following the Footballers’ Involvement El Diario – a Spanish digital newspaper known for its investigative journalism – recently claimed that a dubious cryptocurrency project, called Omegapro, embezzled a...
Read More »Bitget Partners With La Liga in Bid to Drive Crypto Adoption
Global crypto exchange Bitget has announced a multi-million dollar partnership with iconic Spanish football league La Liga. The company revealed the collaboration, which makes it La Liga’s official crypto partner, at the just concluded Token 2049 event in Singapore. Strategic Partnership with Global Reach In a statement released by Bitget on September 19, the Seychelles-based crypto exchange said the union is part of its attempts to gain a bigger foothold in Asia and Latin...
Read More »Spain’s Fan Token (SNFT) Takes Dive despite Euro 2024 Victory
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Read More »Kraken and Spanish Football Club Atlético de Madrid Shake Hands on a Major Sponsorship Deal: Details
TL;DR Kraken has partnered with Atlético de Madrid as its Official Crypto and Web3 Partner and Official Sleeve Partner, aiming to bridge the cryptocurrency industry and the sports world. The initiative aims to enhance fans’ digital experiences and promote cryptocurrency education. The Terms of the Collaboration The US-based cryptocurrency exchange – Kraken – announced its partnership with one of the most successful Spanish football teams – Atlético de Madrid. The company...
Read More »Worldcoin Halts Operations in Spain Upon Data Watchdog’s Pressure
Tools for Humanity Corporation, Worldcoin’s parent company, has reached an agreement with the Spanish Agency for Data Protection (AEPD) to stop its operations until the end of 2024. The stoppage of operations comes due to growing concerns about its data storage and usage practices among regulators. Worldcoin faces rising friction from regulators due to its policies surrounding the use of personally identifiable information, like facial patterns and iris scans. It offers users the WLD token...
Read More »Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31
With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by March 31, 2024. The Spanish Tax Administration Agency – Agencia Tributaria – unveiled form 721, a dedicated tax declaration form for virtual assets held abroad. Spanish Tax Authorities Set Threshold of $55K The latest announcement, made in the official state gazette on July 29,...
Read More »Swiss Tennis launches NFT collection with Sygnum to support future tennis champions
Sygnum and Swiss Tennis announce an NFT (Non-Fungible Token) collection to fund training and development for future tennis champions in Switzerland. The Swiss national team launches the collection at a press conference today to continue in the spirit of their win at the 2022 world championship. With its Swiss Tennis World Champion NFT art collection, Swiss Tennis explores new ways to engage with international tennis fans and give them unique fan experiences. Proceeds raised by the NFT...
Read More »Crypto.com Secures a Regulatory License in Spain
The leading cryptocurrency exchange – Crypto.com – obtained a Virtual Asset Service Provider (VASP) registration from the central bank of Spain. The financial institution has shown a positive stance toward digital asset companies in the past few years, giving a regulatory nod to Binance’s subsidiary – Moon Tech Spain – last summer. Crypto.com announced the news on its official website, saying the license will allow it to offer a variety of products and services to customers...
Read More »EURM: Entsteht in Spanien der erste Digitale Euro?
Viele Zentralbanken planen die Einführung von digitalen Währungen. In China können Menschen bereits mit einem digitalen Yuan zahlen. Aber auch in vielen anderen Ländern laufen bereits gross angelegte Tests. Es gibt bereits einige vielversprechende Stablecoins und Projekte, wie beispielsweise Tether (USDT). Doch wann kommt der erste Eurotoken? Vielleicht schon bald. In Spanien hat die Zentralbank einem privaten Unternehmen grünes Licht gegeben: Das Fintech-Unternehmen MONEI darf als privates...
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