Spains warning re Crypto

in #brainfeed5 years ago

Unlike Italy that seems to be moving forward at a great rate with a National Crypto on the horizon, Spain has taken to warning people of the downsides to crypto. Buyer warnings about refunds etc.

These adverts will obviously make even more people aware of crypto, especially when they find out that P2P transactions are possible.

Spain is up there with UK and France, as old world money systems, the fact that they are printing warning messages, makes it clear that crypto is a 'thing' and like it or not it will need to be dealt with by every global country in one way or another.

Hopefully Spain will come out with more positive messaging, especially since they have stated that the may offer tax cuts for developers.

https://cointelegraph.com/news/bank-of-spain-warns-citizens-against-crypto-given-lack-of-local-regulations

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