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Spanish banks required to report 3-year digital currency plans -Breaking

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Sources at Banco de Espana claim that Spanish banks have to report digital currency plans. They also claimed that central banking wants to study the effects of digitization on financial services.

For years, the Bank of Spain was silent on digital currencies. However, this year, it’s stepping up and asserting itself. After establishing a digital currency service providers’ registry, it’s moving on to the banks.