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Households became wealthier in 2023 despite economic situation, according to Bank of Spain
10 Apr 2024 22:02 GMT
… interest rates, according to a Bank of Spain study.
The conclusion is reached … pension funds (13%).
Holdings in investment funds were the component that …
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YouHodler Achieves Strategic Milestone with Bank of Spain’s Virtual Asset Service Provider (VASP) Registration
07 Feb 2024 13:17 GMT
… own research before making any investment decisions.
Lausanne, Switzerland (February 6 … Provider (VASP) registration from the Bank of Spain.
With this registration, YouHodler can … a powerful tool that helps investors capitalize on market volatility. With …
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Bank of Spain green-lights Euro-backed stablecoin trial
02 Feb 2024 21:28 GMT
Monei, a Spanish fintech firm, has recently embarked on trials for a euro-backed stablecoin named EURM, operating under the watchful eye of the Bank of Spain. The company’s announcement, released on January 29, sheds light on the commencement of the trial …
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Spain Begins Euro-Backed Stablecoin Trials Under Bank of Spain's Oversight
02 Feb 2024 16:11 GMT
Spanish fintech firm Monei has initiated trials of EURM, a euro-backed stablecoin, under the regulatory supervision of the Bank of Spain. The official announcement, posted on Monei's website on January 29, revealed that these trials commenced in …
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Bank of Spain announces collaborators for CBDC pilot program
06 Jan 2024 02:09 GMT
The Bank of Spain has chosen Cecabank, Abanca, and Adhara Blockchain as collaborators for a six-month pilot exploring CBDCs, separate from the digital euro initiative.
Spain’s central bank, Banco de España, has made strides in exploring central bank …
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Bank of Spain’s Selection for CBDC Testing: A Leap into Digital Currency
05 Jan 2024 16:25 GMT
The Bank of Spain has taken a significant step in its journey towards embracing digital currency by selecting its partners for Central Bank Digital Currency (CBDC) testing. After an open call a year ago, which drew 24 applications, the central bank has now …
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Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
06 Jan 2024 02:04 GMT
… purposes and does not constitute investment advice. By using this … over the past year, Bank of Spain has chosen three collaborators. … Economy
In October, the Bank of Spain published a text explaining the … survey conducted by the Bank of Spain, only a fifth of …
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Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
28 Nov 2023 18:47 GMT
"Digital euros are euros, but bank deposits are not euros. Deposits are just promises to pay euros, and if banks can't fulfill those promises, then you get crises emerging," he said, adding that a CBDC would have the benefit of stability, …
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Bank of Spain champions the digital euro: A deep dive into its potential
25 Oct 2023 14:33 GMT
TLDR
Banco de España emphasizes the digital euro’s ability to enhance electronic payments by merging the benefits of cash and digital transactions, ensuring robust privacy in both offline and online modes.
The preparation phase for the digital euro has …
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Reflections On The 2023 Banking Turmoil - Speech By Pablo Hernández De Cos, Chair Of The Basel Committee On Banking Supervision And Governor Of The Bank Of Spain, At The Eurofi Financial Forum 2023, Santiago De Compostela, 14 September 2023.
02 Oct 2023 11:28 GMT
Introduction
Good evening, and thank you for inviting me to speak at our dinner tonight.
I should start by wishing you all "una gran bienvenida" to Spain. And, in the event that some of you came to Santiago de Compostela by completing the …