Spain, officially the Kingdom of Spain, is a European country on the Iberian Peninsula. Spain is the fourth largest country in Europe and the second largest in the European Union. Spain’s economy is highly developed and benefits from such fields as renewable energy, technology and IT, manufacturing, textiles, tourism agriculture and many others. Spain has no regulations toward Bitcoin. Bitcoin transactions in Spain are considered to fall under the rules of bartering under the Civil Code. Such laws consider Bitcoin to be digital good or a thing. Bitcoin-accepting businesses are required to make an account statement with a value-added tax in euros. Spain’s financial supervisors were the second to confiscate Bitcoins while investigating frauds performed with Bitcoin in 2013. Spain is working on implementing blockchain into the infrastructure of its cities and in other fields.
“It is unacceptable that in the face of a scam like this there hasn’t been a strong reaction on the part of the judicial authorities.”
Class action lawyer calls for CEO of billion dollar crypto scheme to be detained
Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases.
33 money laundering crypto criminals targeted worldwide in 3 separate cases
Spain’s new anti-tax fraud bill includes crypto implications.
Spain's new bill proposal complicates crypto for citizens
All 350 members of Spain’s lower house got 1 euro equivalent in cryptocurrency, and it’s not a donation.
Spanish lawmakers get cryptocurrency in a bid to promote industry
Researchers are warning that the supposed scheme could have swindled billions.
Alleged crypto Ponzi scheme targeting Spanish speakers freezes user funds
REvil is reportedly behind the attack against the Spanish railway manager ADIF and claimed to have stolen over 800 GB of data.
Spanish Railway Infrastructure Threatened by Ransomware
Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts.
Top Spanish Banks Finalize Trial of Payments Using Smart Contracts