Spanish Banks Form New Blockchain Consortium
A group of Spanish banks have formed a new consortium to investigate blockchain technology applications.
The move comes after the Spanish finance ministry called the use of cryptocurrencies in organized crime a "pressing challenge."
Spain's ruling political party is reportedly drafting legislation that it hopes will help woo cryptocurrency and blockchain companies to the country.
Spanish central bank governor Luis Maria Linde believes cryptocurrencies are dangerous, but is open to blockchain technology.
Alastria, formerly known as Red Lyra, is a Spanish blockchain consortium that has grown to more than 70 members since its launch in May.
A group of Spanish banks, law firms and corporations have formed a new blockchain consortium.
A Spanish court has remanded in custody the alleged operators of a pyramid scheme that used a fake digital currency called ‘unete’. Temporary imprisonment pre-trial is typically set as a precaution to avoid defendants from fleeing or destroying necessary evidence during a case. The court documents, dated 21st October, state that Jose Manuel Ramirez Marco and Maria del […]