Spain Approves Law Requiring Citizens to Disclose all Crypto Holdings

Updated: 27 July 2021

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The Spanish Ministry of Finance has closed a legal loophole allowing holders of bitcoin and other cryptocurrencies to skirt asset declaration laws. Announcing a draft anti-fraud law approved by the Council of Ministers earlier today, Finance Minister María Jesús Montero explained that the new law will mandate “the identification of the holders and the balances contributed

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David Hundeyin

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Spain Approves Law Requiring Citizens to Disclose all Crypto Holdings

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