Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries

Spain to Share Data of Users From Domestic Crypto Businesses With the European Union CountriesThe Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns With the European AMLD5 Policies According to the decree published in the state official newsletter, Spanish […]

Spanish Healthcare Group to Accept Cryptocurrency Payments, Citing Interest in ‘Bitcoin Revolution’

Spanish Healthcare Group to Accept Cryptocurrency Payments, Citing Interest in 'Bitcoin Revolution'Cryptocurrency regulation is still an ongoing topic for the Spanish government and regulators, with some not too friendly measures against crypto ads or enhancing tax rules. However, adoption is on the rise in different industries, and the healthcare sector is joining the frenzy. Patients Could Pay With Digital Assets Starting June 1 According to Forbes […]

Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis

Two Major Hotels in a Touristic Spanish City to Accept Crypto Payments in the Wake of the Covid-19 CrisisSevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will Receive 100% of Funds in Fiat Euros According to […]

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme ArbistarThe investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120 Million According to El País, judge […]

Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam

Investors File Class Action Lawsuit Before the National Court of Spain on an Alleged $298M Crypto ScamA group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion Per El País, the class-action lawsuit claims that an individual […]

Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders

Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency HoldersSpanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or need to declare crypto holdings. Fines Could Be ‘Over $5,900’ if a Crypto Holder Fails […]

Spanish Travel Compensation Firm Signs Deal With Domestic Exchange to Reimburse Travelers With Cryptos

Spanish Travel Compensation Firm Signs Deal With Domestic Exchange to Reimburse Travelers With CryptosSpanish travelers will soon be available to fill out claims for incidents related to airline delays, baggage losses, overbooking, among others, and be compensated with cryptocurrencies. The possibility is now a reality thanks to a partnership between a domestic crypto exchange and an airline platform. Platform Allocated Euros in an Account on the Crypto Exchange […]

Spain Is ‘Close’ to Regulating Crypto-Related Ads in the Streets, Says CNMV President

Spain Is 'Close' to Regulate Crypto-Related Ads in the Streets, Says CNMV PresidentSpanish financial authorities don’t seem to be happy with the massive crypto-related advertising campaigns deployed across Madrid’s streets. The National Securities Market Commission (CNMV) is rushing to approve a regulation on such ads that promote bitcoin in Spain. Proposal Comes in the Wake of a Bitcoin Advertising Campaign Ran by a Local Exchange During a […]

Life on the Run- An Insiders Look at John McAfee on the Run

Life on the Run- An Insiders Look at John McAfee on the RunI opened my Telegram and noticed I had way more messages than usual. I knew something was askew. The headers of the messages were all very similar, “John McAfee just called you an idiot on Twitter.” Here we go I muttered under my breath as I further investigated what all the hype was about. I […]

Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons

Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing 'Ethical' ReasonsBitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin Is an ‘Opaque’ Currency, Martín Says Martín, from the Spanish Socialist Worker’s Party (PSOE), issued the order of dismantling […]