Spain. The Virtual Currency Regulation Review
Isabel Aguilar, Miguel Pérez Campos.
In Spain there is no prominent legislation specific to virtual currencies as of today, except for the piece of legislation approved in April 2021 implementing the Fifth Anti-Money Laundering Directive, the law approved in July 2021 on preventing and fighting tax evasion and a Circular approved by the CNMV on the advertising of cryptoassets. In October 2021, the Bank of Spain put in place a register for providers who are engaged in the exchange of services between virtual currencies and fiat currencies and for custodian wallet providers.
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