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Kraken Marks 'Important Milestone' In Europe: New Licenses For Expanded Fiat, Crypto Services
Tuesday, September 26, 2023 - 3:53pm | 542In a major move towards expanding its European footprint, crypto exchange Kraken has secured authorization from the Central Bank of Ireland as an E-Money Institution (EMI), while the Bank of Spain has recognized the digital assets provider as a Virtual Asset Service Provider (VASP)....
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Coinbase Continues To Expand Abroad, Scores AML Registration With Bank Of Spain
Monday, September 25, 2023 - 12:12pm | 497Coinbase Inc. (NASDAQ: COIN) recently announced it has secured an Anti-Money Laundering (AML) registration with the Bank of Spain. The move positions the crypto exchange as an official custodian wallet provider in the country. This development, part of the company's “Go Broad,...
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Crypto.com Strengthens European Presence With Regulatory Nod From Bank Of Spain
Friday, June 23, 2023 - 4:13pm | 386Crypto.com, a prominent player in the cryptocurrency sector, has made strides in expanding its footprint in Europe. What Happened: The company just secured a coveted registration as a Virtual Asset Service Provider (VASP) from the Bank of Spain. This green light allows the platform to...
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ECB QE Seems To Be Working...
Monday, March 30, 2015 - 12:40pm | 418Last week, the European Central Bank released lending data which suggested that the bank's easing tactics were having a positive impact on the block's forward progress. With just one month of bond buying behind it, the bank said it's stimulus program had helped to spur on lending to...
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Benzinga Market Primer for Wednesday, November 21
Wednesday, November 21, 2012 - 7:19am | 820Futures Slip on Greek Woes U.S. equity futures slipped in early Wednesday trade as the Troika of Greek lenders could not agree on a deal to cut Greek debt further. Specifically, the IMF refused to concede any further debt relief to Greece and conservative leaders such as German ministers were...
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Spain Announces Bad Bank, Economy to Suffer
Monday, October 29, 2012 - 2:34pm | 505On Monday, the Bank of Spain announced the much anticipated bad bank plan to buy up distressed real estate assets from the banks that are deemed toxic in hopes of boosting capital levels. However, the plan looks set to cause the banks to be forced to take large write-downs on assets, which will...
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Benzinga Market Primer, Monday, October 29
Monday, October 29, 2012 - 6:14am | 757U.S. equity futures fell in early Monday trading as Hurricane Sandy forced the New York Stock Exchange and the NASDAQ Exchange to close due to weather for the first time in 27 years. The storm threatens the entire Eastern seaboard and will dump rain from Maine to Delaware. Top News In other news...
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Spain Economy Shrinks 0.4% In Second Quarter
Monday, July 23, 2012 - 5:24am | 26According to the Bank of Spain, the country's economy shrank 0.4% on a quarterly basis in the second quarter. The country's economy shrank 0.3% in the first quarter.
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Spanish Home Prices, Bank Asset Quality Fall
Wednesday, July 18, 2012 - 10:22am | 440Spanish home prices fell in the second quarter at a faster rate than anticipated, falling to lowest levels since the peak of the housing market in 2008. The fall in home prices could further weaken the already struggling banking sector and make the bank recapitalization plan (already a staggering $...
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How to Profit from Rising Spanish Exports (STD, TEF, EWP, EPV)
Friday, May 6, 2011 - 8:26am | 517The Bank of Spain announced on Friday that the Spanish economy grew by 0.2% during the 1st quarter of 2011, for the second consecutive quarter of 0.2% growth. Spain's central bank also noted that the Spanish economy was up 0.7% from the same quarter a year earlier. The modest growth was said to...