Banco de España and CNMV Designated as Crypto Regulators

According to Bitcoin.com on June 25, the latest revision of the European Crypto Asset Market Regulation (Mica) designates CNMV and Banco de España as the country’s primary cryptocurrency regulators. The draft also stipulates that companies offering services in the EU need to be based in European countries, and the NFT is not included in the current norms. central bank digital currencies, such as the future digital euro and the already launched digital yuan, are not covered by the law. Experts say the law could be in an advanced stage by the end of this year.

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