Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by ...
A municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the coronavirus-driven economic impact. Spain’s Sevilla Municipality Launches ‘Elio’ Cryptocurrency to Boost Local Economy According to Europa Press, the City Council of Lebrija created “Elio,” a crypto asset pegged to euro price, which will act as a tunnel to send economic aids to stimulate local consumption, between 50 and 200 EUR ($61 to 244) to each one of the 593 selected....
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CriptoNoticias, the Spanish cryptocurrency news website has announced the launch of CriptoForo forum for the Spanish-speaking population. The Spanish speaking cryptocurrency community, concentrated in the Latin America and Mexican regions now have a new forum where they can interact with each other in their native language. CriptoForo, the brand new cryptocurrency forum is the pet project of one of the leading Spanish digital currency news portal, CriptoNoticias. CriptoNoticias recently announced the launch of CriptoForo as a part of its initiative to provide a platform where all Bitcoin,....
The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy. Secretary Doesn’t Like Bitcoin as It Cannot Be ‘Supervised or Sanctioned’ During the Online Fintech Summit 2021, Ana de la Cueva said that cryptocurrencies such as bitcoin (BTC) carry “a risk of default, given that the user does not have the protection offered by traditional payment systems against a default by the....
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced when it comes to cryptocurrency regulation, the specifics of what will be taxed and in which way are still a mystery for traders and holders. The organization is still looking for information to control these tax statements effectively.
Spanish Treasury Ministry Will Begin Formulating Crypto Tax Requirements Next Year
The Spanish Treasury has announced it will hold off....
Spanish language article available here. Segundamano.es, often called the 'Spanish Craigslist', has received some flak from Spanish Bitcoiners in the last few months for not allowing payments in Bitcoin. Segundamano.es is the second largest site offering Spanish classified ads, after Milanuncios.com. Both sites receive millions of unique visitors monthly and are an integral part of Spain's economy. For awhile, Spanish Bitcoiners would find their classified ads being deleted at the mere mention of "acepto Bitcoin." Despite the rocky past, Segundamano.es recently told CCN via email that:....
Increased activity within the cryptocurrency ecosystem within the past few weeks has given rise to many questions. The fallout of critical decisions has also raised questions as to who benefits or gets hurt as the crypto space develops. Iconomi adviser on business model development, strategy and branding, Zenel Batagelj speaks to Cointelegraph on the three key segments involved in the new crypto economy. The key players. Batagelj says that there are three key segments involved in the new crypto economy. First, there are those directly involved in cryptocurrencies, who believe in the new....