TLDR Crypto · MISCELLANEOUS
SPANISH CITIZENS TO DECLARE FOREIGN CRYPTO HOLDINGS BY END OF MARCH 2024
Summary from the TLDR Crypto newsletter
A new law is requiring that residents of Spain holding cryptocurrency on non-domestic platforms must declare these assets by March 31, 2024. However, only individuals with a balance exceeding 50,000 euros must declare their assets. This comes as part of Spain's increased efforts to tax crypto assets.