Spain

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.

In the world of smartphones, we thought we had seen it all, particularly after the arrival of folding smartphones, but the Mobile World Congress (MWC) taking place in Barcelona, Spain, gives us another innovation to discuss: the first smartphone in the world which earns crypto just by keeping it on.

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.