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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
7.7.2021
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities....
Spanish Socialist Workers' Party pens public digital currency initiative
30.6.2021
Spain’s oldest active political party is reportedly looking to create a public digital currency
John McAfee’s Hideout Was a Secret Bitcoin Mining Farm
28.6.2021
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian. ‘Ghost Hotel’ With...
John McAfee Found Dead in Prison After Spanish Court Ruled in Favor of His Extradition to US
23.6.2021
The Catalan justice department has reportedly confirmed that the antivirus tycoon John McAfee was found dead in prison in Barcelona. John McAfee, 75, was found dead in his prison cell in Barcelona, the Catalan justice department reportedly said, noting that everything points to death by suicide....
Spanish court rules John McAfee can be extradited to the United States
23.6.2021
Lawyers will have the opportunity to appeal the court’s decision and local lawmakers will need to approve the extradition before it is final
Spanish Deputies File Proposal to Accelerate the Creation of a Digital Euro
19.6.2021
A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a group to study the implementation of a digital currency in the Eurozone. This study group, if created, would be aided by the Bank...
'I have nothing': Imprisoned John McAfee claims his crypto fortune is gone
17.6.2021
John McAfee asserted in an extradition hearing in Spain that the tax evasion charges aimed against him are politically motivated
Spanish Crypto Firms will Have to Run their Campaigns Past Regulator
16.6.2021
A leading Spanish financial markets regulator is set to begin policing crypto firms’ advertising campaigns – in direct response to a recent “aggressive” campaign that saw Madrid billboards plastered in crypto advertisements.
According to Finanzas, the nation’s National Securities Market Commission...
Spain Prepares for Tax Returns Season With Crypto Traders in Sight
11.6.2021
Spain nears the final day for its citizens to file their tax statements, and this year cryptocurrency traders are in the sights of tax authorities. Any trader that has obtained revenue after selling cryptocurrencies must file taxes and pay a percentage of the operation. However, many new traders...
Spanish seafood firm partners with IBM for supply chain tracking
8.6.2021
Spanish multinational seafood giant, Nueva Pescanova Group, has partnered with The IBM Food Trust to trace the shrimp and prawns it fishes on the blockchain
‘Flood’ of Crypto Scam Cases Hit Spanish Courts
1.6.2021
Spanish media outlets are reporting that the country’s courts have been “inundated” with crypto scam-related cases.
The most notorious of the bunch is an alleged pyramid scheme originating in Tenerife, centering around a firm named Arbistar 2.0. Police claim that the alleged scam has sucked in...
Cryptocurrency Related Scams Flood Tribunals in Spain
1.6.2021
Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and organizations wanting to capitalize on the subject. Spanish tribunals have been flooded lately with lawsuits involving cryptocurrency scams related to bitcoin...
Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies
29.5.2021
The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent...
Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
27.5.2021
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some...
Spanish Crypto Investors Set to Be Taxed on ‘Overseas’ Holdings
27.5.2021
The Spanish parliament has voted in favor of a controversial new law that will require citizens to report overseas crypto holdings, as the government appears ready to take “more control” over the crypto sector.
Per an official government release, the new law will oblige Spaniards “to report...
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies
18.5.2021
The Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that...
Spanish Regulator Green-lights Institutional Crypto Investment
14.5.2021
Spain’s market regulator has announced that it will allow firms operating funds to make crypto investments – but only under certain conditions.
Per El Economista, the National Securities Market Commission (known locally as the CNMV) has published a new set of guidelines for institutional investors....
Spanish stock exchange ready to test blockchain-based SME financing system
14.5.2021
The Spanish stock exchange is moving forward with further tests of its planned blockchain-based system to finance small- and medium-scale enterprises
El Corte Ingles Files for a Crypto-Related Trademark to Provide ‘Financial Services’
11.5.2021
El Corte Inglés, the biggest department store group in Spain, seems to be entering into the cryptocurrency sphere. After filing for a related trademark with the Intellectual Property Office of the European Union, they have registered “Bitcor”. Trademark Is a ‘Preventive...
Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries
5.5.2021
The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns...