Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies – Bitcoin News

This story was shared from this site
Spain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. These type of funds are legal under Law 22/2014, and investments can be made through three types of legal entities.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
Funds Directly Investing in Cryptocurrencies
Spain’s National Securities Market Commission (CNMV – Comisión Nacional del Mercado de Valores) recently clarifie…

Original Source