Spanish Authorities demand cryptocurrency data from banks

Spanish Authorities demand cryptocurrency data from banks
It seems like most of the countries have decided to crack down on cryptocurrencies. In latest developments, Spanish Treasury has ordered the banks to hand over cryptocurrency related information. The order has been passed for more than 60 banks. They have to pass all the details related to cryptocurrency transactions or deposits in cryptocurrency exchange accounts to the Spanish treasury.

This is believed to be a huge crackdown. Moreover, as Spain is part of the European Union, there are worries that other countries might take such drastic ...
Read more about "Spanish Authorities demand cryptocurrency data from banks" on coinatory.com

Comments

Popular posts from this blog

Polygon Labs Secures ISO 27001 Certification, Enhancing Blockchain Security Standards

$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals

Regulatory Challenges for Web3 in Nigeria Amidst Binance Crackdown