The Spanish treasury has proposed a new set of rules that will apply to cryptocurrency holders and operators, imposing requirements that some consider excessive.
The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value in euros, including details of transactions with the addresses of origin and destination.
17 exchanges and custody providers, but some big names in the crypto industry have not registered yet.
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