您现在的位置是:Spain’s New Bill To More Closely Enforce Crypto >>正文
Spain’s New Bill To More Closely Enforce Crypto
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛3人已围观
简介The new crypto bill is meant to cut down on tax fraud and provide clearer regulation for the nascent...
![](https://coinjournal.net/wp-content/uploads/2023/03/07_Madrid-3-1.jpg)
The new crypto bill is meant to cut down on tax fraud and provide clearer regulation for the nascent industry
A new bill proposal in Spain, entitledDraft Law on Measures to Prevent and Combat Tax Fraud, recently got the green light from the country’s central governing entity, the Spanish Council of Ministers.
A video of the briefing released on October 13 from María Jesús Montero, the country’s Minister of Finance, laid out all the details behind the new draft law. Many are concerned the new law is restrictive for Spanish citizens.
“Spain’s government is preparing a bill to oblige owners of cryptocurrencies to disclose their holdings and any gains booked on the assets. The new regulations will form part of a broader package of legislation aimed at cracking down on tax fraud.”Montero explained.
Part of the law states that all citizens of Spain need to report any digital asset usage or holdings, even if they are using assets that are held or transacted outside of the country.
The bill also bans all cash business transactions that are higher than 1,000 euros; a marked decrease from the country’s former 2,500 euro limit. However, the latter limit still applies for non-business transactions between individuals.
Any payment related to business and higher than 1,000 euros must occur in electronic form, which appears to tighten surveillance on Spain’s residents.
The government’s efforts to start enforcing a tax on cryptocurrencies follows an awareness campaign launched by Tutellus and the Blockchain Observatory. The campaign sent the country’s 360 lawmakers one euro worth of Bitcoin to raise awareness of the potential of cryptocurrencies.
The founder of Tutellus, Miguel Caballero, clarified that the Bitcoin was not a donation. The campaign was meant to help increase awareness and introduce the use of cryptocurrencies among lawmakers.
“It is not a donation. Probably many of your Lordships already have some experience in the use of cryptocurrencies, but we would like that those who are not yet familiar with the new money, have the opportunity to get in touch with it.” he explained.
Around the world, the cryptocurrency industry has steadily gained traction over the years. As a result, more countries are working on regulations to keep up with the growth of this nascent industry. Whether or not Spain’s efforts to regulate cryptocurrencies will be welcomed by its citizens remains to be seen.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/33775.html
相关文章
Digital platform SeaCoast is born, a leader in coastal nautical digital technology
Spain’s New Bill To More Closely Enforce CryptoMadrid, España, 27th May, 2022, ChainwireSeaCoast is born, a digital platform that democratiz...
阅读更多
Binance could delist multiple stablecoins as MiCA takes effect next year
Spain’s New Bill To More Closely Enforce CryptoKey takeawaysA Binance executive has warned that the exchange could delist multiple stablecoins soon...
阅读更多
China unveils 18
Spain’s New Bill To More Closely Enforce CryptoBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.CSSC Haiz...
阅读更多
热门文章
- Binance Accused of Helping Hackers Launder Stolen Funds
- Market update: BTC spikes above $27k as LINK leads bounce
- FCA Bans The Sales Of Crypto Derivatives To Retail Investors
- New 'chameleon
- Indian Crypto Exchange CoinDCX To Offer New Crypto Courses
- Thorchain's THORSwap DEX now in maintenance mode amid illicit activity
最新文章
James Webb Telescope wowed us with images of the oldest galaxies ever observed
This new battery backup system can power your house during a blackout
World’s first compostable footwear marries fashion and sustainability
'Robot lawyer' creator says a lot of attorneys 'should be replaced' by AI
Ripple opens up Liquidity Hub to Brazil and Australia
Dubai’s Museum of the Future and Binance NFT launch The Most Beautiful NFTs in the Metaverse