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The Bank of Spain has announced that it has begun testing the EURO backed stablecoin, called EURM. The new digital euro is based on the Ethereum and Polygon blockchain network.

Spain’s largest crypto company, Bit2Me, is celebrating its new launchpad with a massive B2M Airdrop which is live on Coinmarketcap until March 2, 2022.

Bit2Me has successfully sold out phase one of the most successful token issue in Spain, raising 5 million euros through its B2M token in under 60 seconds.

Former President of Mastercard International, CEO of the construction company FCC, and director of operations at Santander Baldomero Falcones will now assist in growing the Bit2Me card division.

On September 7, the Catalonian administration disclosed it will create a decentralized platform intended to provide nationals control of their private information when networking with online services.

Iberdrola - the Spanish public multinational electric utility major, has accomplished a project which will largely chip into speeding up the decarbonisation process by using blockchain to ensure that the energy supplied to the user is 100 percent renewable. The first test to ensure the renewable source of the energy supplied was carried out with the financial entity Kutxabank, who were able to trace the actual time that it takes a process to occur, and the source of the power supplied by Iberdrola from the generation point up to the place of consumption.

Banco Bilbao Vizcaya Argentaria (BBVA), one of the largest financial market institutions in Spain, has become the very first bank to issue a corporate loan with the help of blockchain technology, according to a report published on April 25 by Financial Times.

A cybercrime gang leader, involved in stealing upward of $1.2 bln, has been arrested in Alicante, Spain. The gang ,consisting of Russian and Ukrainian nationals, robbed around 100 financial institutions worldwide and covered its tracks with the help of crypto coins.

The leading Spanish Bitcoin company Bitnovo offers free virtual VISA cards to celebrate its expansion to more than 130 countries worldwide.