{"id":44996,"date":"2021-06-25T17:48:45","date_gmt":"2021-06-25T14:48:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44996"},"modified":"2025-08-31T19:35:20","modified_gmt":"2025-08-31T16:35:20","slug":"spains-securities-regulator-and-bank-of-spain-to-oversee-the-crypto-industry","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/spains-securities-regulator-and-bank-of-spain-to-oversee-the-crypto-industry\/","title":{"rendered":"Spain&#8217;s securities regulator and Bank of Spain to oversee the crypto industry"},"content":{"rendered":"<p>Spain&#8217;s National Securities Market Commission (CNMV) and the local central bank, alongside the <span data-descr=\"European Central Bank\" class=\"old_tooltip\">ECB<\/span>, will have authority to regulate the country&#8217;s digital-asset market, according to <a href=\"https:\/\/cincodias.elpais.com\/cincodias\/2021\/06\/18\/mercados\/1624015316_485644.html\">Cinco Dias<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The report, citing a working version of the Markets in Crypto-Assets Regulation (MiCA) bill, indicated that authorities would require startups to open headquarters within the European Union.<\/p>\n<p>When licensing participants in the crypto market, regulators will prioritise banks. Investment firms will effectively have to &#8216;start from scratch&#8217; after submitting their application, the document says.<\/p>\n<p>The provisions of the law are expected to be finalised by the end of 2021 or the start of 2022.<\/p>\n<p>Earlier in April, CNMV <a href=\"https:\/\/u1f987.com\/en\/news\/spains-financial-regulator-to-tighten-rules-on-street-advertising-of-cryptocurrencies\">proposed to tighten<\/a> rules for outdoor cryptocurrency advertising.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spain&#8217;s National Securities Market Commission (CNMV) and the local central bank, together with the ECB, will have authority to regulate the country&#8217;s digital assets market, according to Cinco Dias.<\/p>\n","protected":false},"author":1,"featured_media":44997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[36,741],"class_list":["post-44996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-regulation","tag-spain"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44996"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44996\/revisions"}],"predecessor-version":[{"id":44998,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44996\/revisions\/44998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44997"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}