Spain's Inside Ministry at present gave Mr. Prosegur management of Bitcoin (BTC) and different digital currencies seized in a police raid. The two.8 million euro (roughly $3.24 million) contract will take impact inside three months and can final for 4 years.
The settlement is printed on the Public Sector Contracts Portal. Covers cloud administration and storage based mostly on the Crypto Asset Market Act (mica).
The European Regulation on the Regulation of Digital Asset Markets doesn’t present for direct obligations on nations to make use of crypto asset custodians (CASPs), particularly to guard towards seizure and confiscation. Nonetheless, this regulation regulates storage providers usually, and Spain wants to pick out corporations which are topic to the MiCA regulation.
In line with the Nationwide Securities Market Fee (CNMV) itemizing, there isn’t any proof that Prosegur has but obtained a license as a crypto asset service supplier, however the firm is already actively exploring this space. Moreover, present suppliers ought to keep in mind that till 30 December 2025, present suppliers can function with no full license, supplied they meet the conditions.
This Spanish firm supplies money storage for the world's largest establishments, amongst different safety providers. and Two years in the past, the corporate launched Prosegur Crypto.
“This is likely one of the initiatives we began two years in the past, pondering that if we’re custodians of paper cash on the earth, we will also be custodians of cryptocurrencies and tokenized property in the identical approach,” José Ángel Fernández Freire, Innovation Director at Prosegur Money, defined in an interview with CriptoNoticias.
In any case, there aren’t any public, aggregated official information detailing the precise whole quantity of Bitcoin and cryptocurrencies seized by Spain by way of November 2025. Authorities comparable to non-public safety forces and nationwide police forces publish figures for particular person operations in annual reviews and communications, with no unified international counter.
For instance, in June of this yr Spanish authorities reported As CriptoNoticias reported on the time, 490,000 euros price of cryptocurrencies have been seized.
Spain has a protracted historical past of seizing Bitcoin and different cryptocurrencies in police operations towards cash laundering and arranged crime. In April 2025, the nation confronted the theft of 17 million euros in digital property held in judicial custody within the nation's largest crypto asset operation to this point. This truth resulted in fees towards members of the judicial authorities.
That's why Prosegur has taken the initiative to deliver the nation in step with European Union requirements and to extra safely handle seizures.
(Tag translation) Cryptocurrency
