Updated September 28, 2026
What is Comision Nacional del Mercado de Valores (CNMV)?
In short
The Spanish regulator, whose register entry ties a bank's crypto activity to a single legal entity across its brands.
The Comision Nacional del Mercado de Valores is the Spanish regulator for markets, and it keeps a public register of authorised firms. An entry links a brand to the legal entity that holds the authorisation, so several brands can share one number. On HodlCue the BBVA group shows this pattern clearly: BBVA, BBVA Argentina, BBVA Deutschland and BBVA Peru all list the same Comision Nacional del Mercado de Valores licence MiCA CASP K8MS7FD7N5Z2WQ51AZ71, recorded as a MiCA crypto asset service provider authorisation. One number across several markets means a group authorisation rather than a separate approval per country, and it tells you nothing on its own about fees or how an account is run.
Sources
- esma.europa.eu, checked September 26, 2026