The Spanish National Securities Market Commission (CNMV) has affirmed that it has not authorized any entity to operate an initial coin offering (ICO) with the agency’s official sanction. The news was reported by Cointelegraph en Español on March 27.
The regulator issued an official announcement on March 26, which underscored that the agency had to date neither approved nor exercised any power of authorization or vetting of any project in the ICO sector.
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