The Spanish firm, with expertise in safety, assumes custody of cryptocurrencies.
The measure would stop incidents such because the theft of crypto belongings in judicial custody.
The Spanish Ministry of the Inside in the present day awarded Prosegur custody of the bitcoin (BTC) and cryptocurrencies seized in police raids. The contract for two.8 million euros (equal to about 3.24 million {dollars}) comes into impact in three months and lasts 4 years.
The settlement, printed on the Public Sector Contracting Portal, covers cloud administration and custody underneath the Cryptoasset Markets Regulation (MiCA).
The rules for the regulation of Europe’s digital asset market don’t set up a direct obligation for nations to rent crypto asset custodians (CASP) particularly to safeguard seizures or confiscations. Nevertheless, the regulation regulates custody providers basically, which forces Spain to pick an organization that’s topic to MiCA regulation.
Though there isn’t any proof that Prosegur has but obtained a license as a cryptoasset service supplier, in response to the checklist of the Nationwide Securities Market Fee (CNMV), the corporate is already actively exploring the sector. As well as, it ought to be taken under consideration that till December 30, 2025, current suppliers can function with no full license in the event that they meet conditions.
The Spanish firm supplies custody of the money of enormous establishments on the planet amongst different safety providers. AND two years in the past, the agency launched Prosegur Crypto.
“It is among the initiatives that we began two years in the past pondering that, if we’re the custodians of the cash in banknotes that exist on the planet, in the identical method we might be the custodians of cryptocurrencies or any tokenized asset.” This was defined by José Ángel Fernández Freire, the innovation director of Prosegur Money in an interview with CriptoNoticias.
In any case, there isn’t any public and aggregated official file that particulars the precise complete of bitcoin or cryptocurrencies seized by Spain till November 2025. Authorities, such because the Civil Guard and Nationwide Police, publish figures by particular person operation in annual experiences or communications, with no unified international counter.
For instance of this, in June of this 12 months Spanish authorities reported the seizure of cryptocurrencies value 490,000 euros, as reported by CriptoNoticias on the time.
Spain has an extended historical past of seizures of bitcoin and cryptocurrencies, pushed by police operations towards cash laundering and arranged crime. In April 2025, the nation confronted the theft of 17 million euros in digital belongings that have been in judicial custody in what was the nation’s largest crypto asset operation thus far. For this truth, an worker of the judicial administration was accused.
That’s the reason now, with Prosegur on the helm, seizures might be managed with higher safety, aligning the nation with European Union requirements.
