Spanish bank BBVA announced that it is working on its own stablecoin with the support of credit card issuer Visa.
According to Francisco Maroto, head of digital assets and blockchain, the bank is ready to join the stablecoin market, although it is not yet known “if the asset will be backed by…
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BME launches blockchain-registered bond
BME, through Iberclear, BBVA and the Inter-American Development Bank (IDB), completed the first issue in Spain of a bond listed on a regulated market and registered in blockchain technology developed by ioBuilders.
This platform may serve…
100 banks join the Swift Go service
One hundred banks, from around the world, have subscribed to the Swift Go service, which facilitates instant international payments to small businesses and consumers in a predictable, highly secure and competitively priced way from their…
Google announces resources to boost cybersecurity insights
Google announced new resources for small and medium-sized companies (SMEs) in Spain so that they can promote cybersecurity knowledge, which it will develop in collaboration with the National Cybersecurity Institute (Incibe) and through…
Banking sector in Spain recovers the cost of risk and capital
The financial entity Bankinter presented the banking results that reflected the return to the pre Covid-19 business and beat market forecasts, even without taking into account the capital gain obtained by the entity from the breakdown of…
BBVA in Switzerland will offer bitcoin transactions
The headquarters of the financial entity of BBVA of Switzerland launches today its first service for the purchase, sale and custody of crypto assets, starting with Bitcoin. The purpose is to open to other cryptocurrencies, for all its…
BBVA completed the sale of its US subsidiary
BBVA completed the sale of its subsidiary in the United States to PNC for 11,500 million dollars, after having obtained the necessary regulatory authorizations, as reported to the National Securities Market Commission (CNMV).
The results…