TechFlow, November 26 — According to Cointelegraph, Spain's left-wing Sumar party has recently proposed amending three major tax laws, aiming to increase the tax rate on cryptocurrency gains from the current 30% to 47%, and plans to classify all digital assets as seizable property. The proposal also requires the National Securities Market Commission (CNMV) to create a visual "risk traffic light" system for cryptocurrencies. Critics have called the move a "useless attack on Bitcoin," warning it could lead cryptocurrency holders to flee Spain.
Add to Favorites
Share to Social Media
