Operating as a cryptocurrency exchange in Spain, custody etc for these assets. Organizations providing services will need to register with the central bank.
Cryptocurrency companies and financial institutions applying for registration will be required to submit some documents and a risk analysis report regarding the measures they have taken to combat money laundering and terrorism financing.
According to the statement, the Central Bank of Spain within three months will evaluate.
Registration obligation; It will connect all natural and legal persons providing crypto money services in the Spanish market and based in Spain. Institutions such as the bank already registered with the Bank of Spain for cryptocurrencies also to apply will need.