Spain: Registration requirement for virtual currency exchanges and electronic wallet providers in Royal Decree-Law 7/2021
Progress
Current status
in force
01 Jan 2022 in force
27 Apr 2021 adopted
Scope
Implementers
Spain
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Implemented Royal Decree-Law 7/2021 containing registration requirement for virtual currency exchanges and electronic wallet providers
On 1 January 2022, the Royal Decree-Law 7/2021 enters into full force. The law implements the Fifth EU Money Laundering Prevention Directive (2018/843) and amends the Spanish money laundering law to include providers of virtual currency exchange ser…
SourceEvent type
law
Action type
implementation
Government branch
executive
Government body
central government
Adopted Royal Decree-Law 7/2021 containing registration requirement for virtual currency exchanges and electronic wallet providers
On 27 April 2021, the Royal Decree-Law 7/2021 is adopted by the Spanish Government through the urgency procedure. The law implements the Fifth EU Money Laundering Prevention Directive (2018/843) and amends the Spanish money laundering law to include…
SourceEvent type
law
Action type
adoption
Government branch
executive
Government body
central government