Spain’s Basque Country Readies its Own Crypto Tax Laws, Exchanges to Be Forced to Report on Clients

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Spain’s Basque Country Readies its Own Crypto Tax Laws, Exchanges to Be Forced to Report on Clients

 
While central governments continue to hum and haw about the how, whens, and whys of crypto taxation and regulation, some provincial governments have decided to go it alone – particularly in the Basque Country, Spain.
El Indipendiente reported that all three of the Basque Country’s major Western provinces – Gipuzkoa, Biscay, and Álava – will attempt to “put a tax cap” on the “unregulated market” of crypto….
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