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Techub News reports, according to CoinDesk, Spain's second-largest bank BBVA has announced its participation in the stablecoin project Qivalis, which is composed of multiple EU banks, aiming to launch a regulated euro stablecoin. Qivalis has already gathered 12 major EU banks, including BNP Paribas, ING, and UniCredit, and plans to apply to the Dutch central bank for an electronic money institution authorization under the EU's Markets in Crypto-Assets (MiCA) framework, targeting the launch of the euro stablecoin in the second half of 2026.
Techub News reports that the Spanish listed company Vanadi Coffee has increased its holdings by 32 bitcoins, bringing its total holdings to 161 bitcoins.
Techub News, Bitcoin Treasuries.NET tweeted that Spanish listed company Vanadi Coffee has purchased an additional 10 bitcoins, now holding a total of 129 bitcoins, ranking 100th in its bitcoin holdings leaderboard.
Techub News, according to CriptoNoticias, the Sumar parliamentary group in Spain has submitted an amendment to the Congress of Deputies proposing revisions to three tax laws to strengthen cryptocurrency taxation. The proposal suggests including gains from non-financial instrument crypto assets in the general tax base for personal income tax, with a tax rate of up to 47%, instead of the current 30% cap under the savings tax base. It also stipulates that such gains be taxed at a 30% rate for corporate income tax. The proposal further requires the Spanish National Securities Market Commission (CNMV) to create a risk rating system for cryptocurrencies, which must be displayed mandatorily on investment platforms. Additionally, the amendment includes all crypto assets within the scope of attachable assets, expanding the previous regulation that only applied to assets under the EU's MiCA framework.
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