Spanish Regulators Mandate Cryptocurrency Holders to Formally Identify Themselves

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The Spanish government has reportedly approved a draft law that will make it mandatory for digital asset holders with over €50,000 ($57,000) in their cryptocurrency wallets to identify themselves and announce their exact holdings. This new rule is targeted at curbing cryptocurrency tax evasion, according to a Finance Magnates report on October 24, 2018. Spanish Regulators Hit Crypto Big Whales…Read More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: BTC Manager