Post
Topic
Board Bitcoin Discussion
Re: Spain's most anti-privacy and anti-crypto law comes into force.
by
siniminomorocomunisakito
on 26/04/2023, 08:14:31 UTC
Today is a sad day for those of us who use bitcoin and value our privacy. Just today, a law came into force in Spain that obliges entities that provide crypto-related services in the country to report absolutely all transactions carried out during the year.

This is a direct attack not only on our privacy but also on cryptocurrency users, as no other tax legislation has gone this far.

In my opinion Based on what you shared, it seems that crypto regulations in Spain are tight causing disruption for those involved in the market. I'm sure there are many other options where people can find alternative solutions by switching to peer-to-peer exchanges despite the current restrictions. Is it also possible that the rules will be relaxed in the future and adapting to changing situations is very interesting to follow.