Industry Update: Spain to Implement the "Crypto Assets Market Act" Six Months Ahead of Schedule

Summary：Spain will implement the "Cryptocurrency Market Act" six months ahead of schedule; Monaxa has appointed Steve Haggerty as the Director of Business Development for the region; PXP Financial collaborates with Foregenix on risk monitoring.

1. Spain to Implement the "Markets in Crypto-Assets Act" Six Months Ahead of Schedule

According to reports from Spain’s Ministry of Economic Affairs and Digital Transformation, the European Union’s first comprehensive framework for crypto-assets, the Markets in Crypto-Assets Act (MiCA), will come into effect nationwide in Spain by December 2025.

2. Monaxa Appoints Steve Haggerty as Regional Director of Business Development

Retail forex and CFD broker Monaxa has appointed Steve Haggerty as Regional Director of Business Development, overseeing operations in Europe and Africa among other regions. Steve previously held positions as Senior Account Manager and Analyst at global forex CFD broker easyMarkets, bringing over 10 years of experience to his new role.

3. PXP Financial Partners with Foregenix for Enhanced Risk Monitoring

PXP Financial has announced a new partnership agreement with Foregenix. Foregenix will provide advanced e-commerce cybersecurity monitoring and protection services for PXP Financial’s e-commerce clients.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Written byTraderKnows

Created date:2023-11-02 06:44

Last Updated:2024-05-10 07:41

Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.

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