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Nalezeno "CT Spain": 425

Ombudsman Receives Complaints About Crypto Investments in Spain


The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees...

Spanish Crypto Adoption Increases, But Tax ‘Chaos’ Looms


  Crypto adoption appears to be on the rise in Spain – but as tax season approaches, some have warned that failure to comply with the Treasury’s tax-related rulings could prove costly for newer and more seasoned Spanish crypto investors alike. A recent report from the Association for Media...

FC Barcelona to Get Into Metaverse and NFTs


The FC Barcelona, a soccer club with a large fanbase in Spain and Europe, has revealed its plans to take advantage of the rise of the metaverse and NFTs in the cryptocurrency market. Joan Laporta, president of the club, explained how it plans to occupy all of these markets to bring more engagement...

Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options


  The Spanish telecoms giant Telefónica is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage.... Read More: Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options

Germany-Led Group Wants a New EU Watchdog to Regulate Crypto Firms


  The European Union is planning to dote its planned anti-money laundering and terrorist financing watchdog with powers related to oversight over cryptoasset businesses, according to "people familiar with the matter." The designed authority is to be launched in 2024 and become fully operational...

Bank of Spain Approves Its First VASP License


The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service...

Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad


The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet been approved, changes some of the harsher penalties that were declared illegal...

Revolut Launches Banking Services in Spain Featuring Deposit Insurance


Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...

Spanish MP Asks Government to Take in Fleeing Kazakhstan Bitcoin Miners


  A pro-crypto Spanish MP has told the government it should offer bitcoin (BTC) and altcoin miners in Kazakhstan suffering from recent blackouts and bloody social unrest a new home in Spain – and that her nation should itself seek to become a hub of crypto mining and innovation.... Read More:...

Spanish Deputy Suggests Spain Might Attract Kazakhstan Miners


Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet service was suspended, affecting their operative capacity. Muñoz sent a letter to...

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