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Spanish Ruling Party to Introduce Regulation on Blockchain, Crypto

Spanish ruling party Partido Popular (PP) will introduce a draft bill on cryptocurrencies and blockchain regulation in a few days, local newspaper La Vanguardia reported Dec. 10. The publication reported that PP’s secretary Teodoro Garcia Egea announced the decision during the opening ceremony of ISDE Blockchain and Law research center in Madrid on Dec. 10. The key reason behind elaborating the regulation […]

Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud

The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s tax agency, the Agencia Estatal de Administración Tributaria (AEAT), underlined that it will monitor “the fiscal incidence of these new technologies, such as blockchain and, […]

Spanish Government Approves Draft Law to Require Crypto Investors to Reveal Holdings

Cryptocurrency investors governed by Spain could face mandatory reporting of their holdings for tax purposes under a new draft law the government approved Friday, Oct. 19, local daily news network ABC reports. Unveiled at a press conference by the country’s finance minister María Jesús Montero, the measures seek to make holders of cryptoassets declare them regardless of whether they are in Spain […]