CNMV Updates Internal Regulations to Include Crypto-Asset Operations

The National Securities Market Commission (CNMV) in Spain has updated its internal regulations to include operations with crypto-assets. This change is part of a broader update to the commission's internal regulations, which also redefines the competencies of general directorates and aligns them with recent European regulations.

The revised regulations expressly include operations with crypto-assets, reflecting the growing importance of digital assets in financial markets. The CNMV has also renamed its Department of Information Systems to the Department of Technology and Digital Innovation, which will now be responsible for designing and developing digital capabilities, including artificial intelligence and emerging technologies.

In addition, the Department of Studies and Statistics has been renamed the Department of Analysis, Financial Stability, and Data, with a focus on data governance policy. This move is seen as an effort to increase organizational efficiency and adapt to changing regulatory requirements.