Luxembourg & Spain

Luxembourg: Luxembourg sent responders to support Venezuela through the EU's civil protection mechanism.

Spain: Spain announced one million euros in aid and confirmed five of its citizens died in the Venezuela earthquakes, with 119 missing.

Luxembourg: Luxembourg has been designated as Coinbase's European crypto hub due to its financial hub status and pro-innovation policy approach towards blockchain and distributed ledger technology. This move reinforces Luxembourg's position as a leading jurisdiction for digital asset businesses.

Spain: Coinbase had previously obtained a national license in Spain, which is now consolidated under the MiCA umbrella through the Luxembourg license. This simplifies Coinbase's regulatory footprint in Spain.

Luxembourg: Luxembourg is the only country to have publicly joined Canada in supporting the DSRB and is set to host the bank's European base, demonstrating early commitment.

Spain: Spain has analyzed the DSRB proposals, indicating potential interest in joining.

Luxembourg: Luxembourg recognized a Palestinian state, further solidifying European support for the move.

Spain: Spain had already recognized Palestine in May, demonstrating early European support for statehood.

Luxembourg: Luxembourg is listed as one of the countries at medium risk due to indirect exposure to United States cloud infrastructure.