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Real estate tokenization in Spain: what is legal todayA real estate token doesn’t put your name on the deed to any apartment. In almost every arrangement operating in Spain today, what you’re buying is shares in or debt issued by a company that owns the property. And that distinction determines which law protects you, who supervises the arrangement, and what you can claim if something goes wrong. 🔹 Ownership is not transferred by means of a token. The Civil Code requires a public document to transfer rights in rem over real estate (Article 1280), and the Mortgage Act requires a public deed or an authentic document to register it in the Land Registry. Notaries and registrars still have their role.

Real estate tokenization in Spain: what is legal today

A real estate token doesn’t put your name on the deed to any apartment. In almost every arrangement operating in Spain today, what you’re buying is shares in or debt issued by a company that owns the property. And that distinction determines which law protects you, who supervises the arrangement, and what you can claim if something goes wrong.
🔹 Ownership is not transferred by means of a token. The Civil Code requires a public document to transfer rights in rem over real estate (Article 1280), and the Mortgage Act requires a public deed or an authentic document to register it in the Land Registry. Notaries and registrars still have their role.
Article
The CNMV is consulting until Monday on extending its Complaints Department to crypto-assetsThe CNMV wants users of crypto-asset services to be able to file complaints with its Complaints Department, just as investment service clients can today. The draft circular is open for public consultation until Monday, November 16. 🔹 Amends Circular 7/2013 to include users of crypto-asset services defined under MiCA, where they fall under the CNMV’s supervision, as well as investors in European crowdfunding platforms. 🔹 You cannot go directly to the supervisor: you must first file a complaint with the entity’s customer service department and show that one month has passed without a resolution, or that the complaint was not accepted or was rejected.

The CNMV is consulting until Monday on extending its Complaints Department to crypto-assets

The CNMV wants users of crypto-asset services to be able to file complaints with its Complaints Department, just as investment service clients can today. The draft circular is open for public consultation until Monday, November 16.
🔹 Amends Circular 7/2013 to include users of crypto-asset services defined under MiCA, where they fall under the CNMV’s supervision, as well as investors in European crowdfunding platforms.
🔹 You cannot go directly to the supervisor: you must first file a complaint with the entity’s customer service department and show that one month has passed without a resolution, or that the complaint was not accepted or was rejected.
Article
CNMV calls for AI not to make decisions for listed companies’ boardsThe CNMV has opened the update to the Good Governance Code for listed companies, in force since 2015, to public consultation. For the first time, the text includes recommendations on artificial intelligence, digitalisation and cybersecurity. Comments can be submitted until 15 December 2026. The two key recommendations: 🔹 That the board of directors consider setting up a committee specialising in these matters. 🔹 Ensure that the use of AI does not replace «the necessary human involvement» of board members.

CNMV calls for AI not to make decisions for listed companies’ boards

The CNMV has opened the update to the Good Governance Code for listed companies, in force since 2015, to public consultation. For the first time, the text includes recommendations on artificial intelligence, digitalisation and cybersecurity. Comments can be submitted until 15 December 2026.
The two key recommendations:
🔹 That the board of directors consider setting up a committee specialising in these matters.
🔹 Ensure that the use of AI does not replace «the necessary human involvement» of board members.
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🇪🇸 Spain’s CNMV issues a warning: MiCA won’t be delayed! Binance must withdraw if it can’t get a license by 7/1 The chairman of Spain’s securities regulator, the CNMV, San Basilio, clearly stated that there will be no grace period for the July 1 MiCA compliance deadline. Binance has withdrawn its application for a Greek license and has not yet received approval from any EU member state. If it cannot obtain permission before the deadline, it will be forced to stop providing new deposit services to EU users and to scale back existing features. Others have already accelerated their licensing: Germany has cumulatively approved over 244; some users have started switching to Kraken. The era of crypto compliance is really here. #MiCA #Binance #CNMV #CryptoRegulation #EU
🇪🇸 Spain’s CNMV issues a warning: MiCA won’t be delayed! Binance must withdraw if it can’t get a license by 7/1

The chairman of Spain’s securities regulator, the CNMV, San Basilio, clearly stated that there will be no grace period for the July 1 MiCA compliance deadline. Binance has withdrawn its application for a Greek license and has not yet received approval from any EU member state. If it cannot obtain permission before the deadline, it will be forced to stop providing new deposit services to EU users and to scale back existing features. Others have already accelerated their licensing: Germany has cumulatively approved over 244; some users have started switching to Kraken. The era of crypto compliance is really here.

#MiCA #Binance #CNMV #CryptoRegulation #EU
#SpainCNMVWarnsVASPsMiCADeadline Spain CNMV Warns VASPs on MiCA Deadline Spain’s financial regulator is tightening its stance on crypto compliance as the MiCA deadline approaches, urging Virtual Asset Service Providers (VASPs) to ensure full alignment with the European Union’s new regulatory framework. The move reflects accelerating enforcement across the region as MiCA implementation nears full effect. Key Highlights: • Comisión Nacional del Mercado de Valores reinforces MiCA compliance deadline for VASPs. • Focus on licensing, transparency, and operational governance under EU crypto rules. • Non-compliant firms risk enforcement actions or restricted market access. • Part of wider EU regulatory transition under the Markets in Crypto-Assets framework. Market Impact: Short-term pressure may increase for smaller or non-compliant crypto service providers, while clearer regulatory structure is expected to strengthen institutional participation in Europe’s digital asset ecosystem over time. #Spain #CNMV #MiCA #CryptoRegulation
#SpainCNMVWarnsVASPsMiCADeadline Spain CNMV Warns VASPs on MiCA Deadline

Spain’s financial regulator is tightening its stance on crypto compliance as the MiCA deadline approaches, urging Virtual Asset Service Providers (VASPs) to ensure full alignment with the European Union’s new regulatory framework. The move reflects accelerating enforcement across the region as MiCA implementation nears full effect.

Key Highlights: • Comisión Nacional del Mercado de Valores reinforces MiCA compliance deadline for VASPs. • Focus on licensing, transparency, and operational governance under EU crypto rules. • Non-compliant firms risk enforcement actions or restricted market access. • Part of wider EU regulatory transition under the Markets in Crypto-Assets framework.

Market Impact: Short-term pressure may increase for smaller or non-compliant crypto service providers, while clearer regulatory structure is expected to strengthen institutional participation in Europe’s digital asset ecosystem over time.

#Spain #CNMV #MiCA #CryptoRegulation
Spain CNMV Warns VASPs on MiCA Deadline Spain’s financial regulator has issued a warning to Virtual Asset Service Providers (VASPs) regarding compliance with the upcoming MiCA framework deadline, reinforcing the European Union’s push for unified crypto regulation and stricter operational standards across member states. Key Highlights: • reminded VASPs to meet upcoming MiCA compliance requirements. • Emphasis on licensing, transparency, and consumer protection standards under the EU framework. • Non-compliant firms may face restrictions or enforcement actions after the deadline. • Part of broader rollout of the Markets in Crypto-Assets (MiCA) regulation across Europe. Market Impact: Stricter enforcement could lead to short-term pressure on smaller or non-compliant crypto firms, while increasing long-term institutional confidence in the European crypto market. Regulatory clarity may also encourage larger players to expand within compliant jurisdictions. #Spain #CNMV #MiCA #CryptoRegulation #EU
Spain CNMV Warns VASPs on MiCA Deadline

Spain’s financial regulator has issued a warning to Virtual Asset Service Providers (VASPs) regarding compliance with the upcoming MiCA framework deadline, reinforcing the European Union’s push for unified crypto regulation and stricter operational standards across member states.

Key Highlights: • reminded VASPs to meet upcoming MiCA compliance requirements. • Emphasis on licensing, transparency, and consumer protection standards under the EU framework. • Non-compliant firms may face restrictions or enforcement actions after the deadline. • Part of broader rollout of the Markets in Crypto-Assets (MiCA) regulation across Europe.

Market Impact: Stricter enforcement could lead to short-term pressure on smaller or non-compliant crypto firms, while increasing long-term institutional confidence in the European crypto market. Regulatory clarity may also encourage larger players to expand within compliant jurisdictions.

#Spain #CNMV #MiCA #CryptoRegulation #EU
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