PANews reported on May 29 that according to Bloomberg, Spanish financial giant Santander is considering expanding its digital asset business. Its digital bank Openbank has applied for a crypto license under the EU MiCA framework and will provide stablecoin and crypto asset services to retail customers as early as this year. The bank is evaluating the feasibility of issuing euro and dollar-denominated stablecoins, either by developing its own or integrating existing stablecoin solutions.