RATE Group | Spanish Crypto, Blockchain Testbed to Open this Year + More News
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Spanish Crypto, Blockchain Testbed to Open this Year + More News

21 Feb Spanish Crypto, Blockchain Testbed to Open this Year + More News

Posted at 04:08h in Cryptocurrency News by

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Spanish Crypto, Blockchain Testbed to Open this Year + More News 101
Source: iStock/themotioncloud

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Regulation news

  • The Spanish government has approved a fintech sandbox plan that will allow blockchain and cryptocurrency-related companies to make use of a controlled testbed before releasing their products on the market. Per Criptonoticias, the sandbox is likely to open sometime this year, and will be co-regulated by the Treasury, the central Bank of Spain and two financial regulators. The government first began sandbox deliberations back in 2017, and had originally hoped to open the testbed in October last year.
  • Perth-based blockchain startup Power Ledger (POWR) executive chairman and co-founder Dr. Jemma Green appeared on Thursday before the Select Committee on Financial Technology and Regulatory Technology and asked that more consideration be given to allowing initial coin…

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