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Spanish Crypto Users Report Banking ‘Freezes’ After Using Exchanges


Banks in Spain are reportedly closing accounts they suspect belong to cryptocurrency traders, particularly users of the LocalBitcoins peer-to-peer exchange – and may have been doing so “since November last year.” Per a report from media outlet Criptonoticias, an experienced crypto trader who asked...

Spanish Parliament Set to Decide Fate of Crypto Exchanges Regulations


Soure: Adobe/AlekseyIvanov The Spanish parliament is set to vote on a new crypto exchange regulation law in the “second half of 2020” – after the country’s Ministry of Economic Affairs and Digital Transformation announced it was preparing to police the nation’s trading platforms. Per an official...

Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners


The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite...

66,000 Spanish Crypto Traders Warned to Pay Tax on their Earnings


Source: Adobe/Hugh O'Neill Either more Spanish citizens than ever before traded in cryptoassets in the past financial year or the country’s tax authorities have become more adept at monitoring citizens’ crypto-related activities. That appears to be the takeaway after Spanish tax authorities said...

Spanish Red Cross Rejects Crypto While Italians Raise USD 20K in Bitcoin


Italy and Spain are two of the countries worst hit by the coronavirus pandemic, and perhaps two of the countries whose health workers are now in most pressing need of financial support. But the Red Cross organizations in both countries are taking a very different approach to cryptocurrency...

Spanish Crypto, Blockchain Testbed to Open this Year + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Spanish government has approved a fintech sandbox plan that will allow blockchain and cryptocurrency-related...

Spanish Tax Agency to Step up Bitcoin and Altcoins Monitoring Efforts


A Spanish tax agency says it intends to intensify its scrutiny of cryptocurrencies in 2020. In an official communiqué released by the Agencia Estatal de Administración Tributaria (AEAT), the nation’s top tax authority, called monitoring cryptocurrencies “one of this year’s most demanding...

Santander & Other Spanish Banks Test Blockchain Payments + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news A number of major Spanish banks including Santander and BBVA are testing blockchain-powered payment solutions, with...

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