Spain: Adopted Royal Decree-Law 7/2021 containing registration requirement for virtual currency exchanges and electronic wallet providers
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government