Spain proposes 47% tax on crypto earnings and a visual risk assessment system
Spain is pushing a new initiative to tighten cryptocurrency regulations by raising taxes on digital asset income to 47% and classifying cryptocurrencies as property that the state can seize.
Source Cointelegraph
The proposal also includes introducing a visual "traffic light" system to assess risks in the crypto market, aimed at helping regulators and investors better understand the potential dangers.
If adopted, the measures could significantly increase regulatory pressure on Spain’s crypto sector, making digital asset investments more controlled and monitored.
