EU Bank Licensing streamlines crypto services for Spanish big three

CaixaBank will offer crypto custody, order transmission and execution, and client transfers. The bank received authorization from Spain’s CNMV as a crypto asset service provider under the EU’s MiCA Regulation. This makes it the last of the Spanish big three banks to secure a license, following BBVA and Santander’s Openbank. Banks must comply with MiCAR requirements, but they need only give their regulator 4 ডিগ্ৰী 40 days’ notice before notice before commencing services. Of the 177 CASP licenses awarded across the EU, 36 have gone to banks.