Cryptocurrency Tax: Spanish Treasury Identifies 15,000 Crypto Holders

[kreslik.news]

Efforts by Spanish tax authorities to identify those with cryptocurrency holdings appear to be paying off. After launching an investigation into a number of firms earlier this year, the country’s treasury appears to be looking at how it can now implementa form of cryptocurrency tax.

As reported by El Pais, in April of this year, the Spanish treasury requested information regarding cryptocurrency holdings from more than 60 different institutions. Amongst them were 16 large banks, 40 firms that allow individuals to make payments in cryptocurrency and a number of different intermediaries, such as payment ... (read more)