Spain’s Central Bank Requesting Financial Institutions to Outline Crypto Plans Until 2024: Report

Spain’s Central Bank Requesting Financial Institutions to Outline Crypto Plans Until 2024: Report
The Bank of Spain is asking the country’s leading financial institutions to provide information on their crypto-related plans for the next three years, the newspaper El Pais reported Thursday.The central bank has requested that banks include information on their relationships with crypto service providers, stakes in crypto companies and exposure to crypto. It has also asked banks whether they plan to issue tokens or provide custody, trading or payment services for crypto, and to outline any initiatives to market products or offer services to customers through a digital platform over the next three years.According to unnamed Bank of Spain sources…