Buy
real estate
with a profit of 25% using the Fix cryptocurrency

Cryptocurrencies
and taxes in Spain
In Spain, blockchain and cryptocurrencies are considered financial assets and provide for additional tax obligations. Owning a cryptocurrency is treated in the same way as owning other assets, say, shares of a company. In Spain, it is necessary to declare the transfer of crypto assets by inheritance or donation, and the applicable inheritance and donation tax rate depends on the laws of autonomy. According to Spanish law, virtual currency cannot be considered either as a financial instrument (promissory note, derivative instrument, etc.), or as a domestic or foreign currency. But in some cases, digital currency can be considered as securities, for example, in the case of a public offering, or as commodities if they are traded individually.

Cryptocurrencies in Cyprus.
Terms of the deal when buying.
Real estate on the island.

Blockchain technologies are capable of revolutionizing many areas of the economy and have a high integration potential. Experts believe that the ratio of risks with advantages outweighs in favor of indisputable advantages – accounting systems for new digital entities allow literally all economic sectors of states to improve and develop.

The regulation of blockchain technology and cryptocurrencies in Cyprus remains incomplete at the moment. However, the authorities of the republic are taking measures and developing a single regulatory mechanism for assigning an official legal status to digital assets. The existence of a regulatory framework will allow regulating the activities of financial, payment companies, brokers and traders at the state level.