The Central Bank of Spain ordered the operators of cryptocurrency services to register

The Central Bank of Spain has published a guide to registering companies, marketplaces and banks wishing to provide cryptocurrency services to Spanish citizens. Last week, local banks asked the Bank of Spain to clarify whether they should register with the register of cryptocurrency service operators if their activities are already controlled by the regulator. The central bank dispelled their doubts by stating that any institutions and individuals wishing to provide cryptocurrency services in the country…

Janet Yellen proposed to introduce a tax on unrealized capital gains

The introduction of a tax on unrealized capital gains will force investors to pay for the growth of the rate of cryptocurrencies, even those that are passively lying in the wallet. If the proposal of the US Treasury Secretary is accepted, cryptocurrency holders will have to sell their assets or pay for their rise in price from their fiat income. This will have fatal consequences for the middle and lower classes who own cryptocurrencies. Janet…