Innovation and experimentation: Spain’s blockchain sector in 2021

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Innovation and experimentation: Spain’s blockchain sector in 2021
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Some Spanish institutions and local administrations look forward to innovative blockchain-backed projects amid certain confusion due to the lack of clear legislation on crypto.

The sandbox will allow a select group of companies to test new business models in a closed environment, overseen by the Bank of Spain, the General Directorate of Insurance and Pension Funds and the National Commission of Markets and Securities.

The initiative also aims to determine how both public and private jurisdictions can participate in the design, research and testing of a central bank digital currency.

Toward the end of the year, the blockchain center of Catalonia announced that it will launch Carvers, a Catalan metaverse. The new monolingual metaverse seeks to

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