Is #cryptotrading an addiction?

As per luxury rehab center ‘The Balance’ in #Spain , 1% of all crypto traders will develop an extreme addiction to trading. The center recently reported that an individual requested help after trading for approximately $200,000 within a week.

The Spanish Tax Administration has introduced a tax document mandating Spanish residents to disclose their cryptocurrency holdings on foreign platforms if their individual crypto-assets exceed $55,000 on their Crypto-Balance.
#News #Spain #Bitcoin $BTC

#Spain became the number one country in the world that offers the highest number of properties available for purchase using cryptocurrencies — 289 properties, according to Forex Suggest’s analysis.
#Binance #crypto2023 #binancepaymarketplace #keepbuilding

Spain leads by implementing MiCA, the first global crypto-asset market regulation, ahead of schedule, ensuring enhanced investor protection in digital assets.

#MiCA #Spain

https://blockchainreporter.net/spain-accelerates-adoption-of-groundbreaking-crypto-asset-market-regulation/

#Chiliz has reached another important milestone as part of its global expansion journey, announcing that it is now licensed to operate as a virtual asset services provider in #Spain .

#BTC #CHZ #crypto2023

Spain Suspends Worldcoin Operations

Spanish authorities have decided to temporarily halt Worldcoin's data collection through the "Orbs" eye-scanning sphere due to privacy risks associated with citizens' personal information.

According to the Financial Times, Spain’s data protection authority, AEPD, has requested Worldcoin – a project involving “eye scan” identification founded by OpenAI CEO Sam Altman – to immediately halt all data collection activities in the country through its “Orbs” spheres, and cease the use of data they had previously collected.

AEPD expressed concerns about the risks posed to users by Worldcoin’s “eye scan” technology, especially for minors. The regulatory body plans to announce “preventive measures” and give the project 72 hours to comply with the request.

Worldcoin (WLD) is a cryptocurrency project launched in 2021 by Sam Altman – who also holds the position of CEO at OpenAI, the company behind AI tool ChatGPT.

#write2earn #Spain #worldcoin

#Spain is the country where there is the most real estate available to buy with #bitcoin

A report by Forex Suggest states that there are 289 real estate properties in Spain that can be purchased with #cryptocurrencies

#nftcommunity #BuildTogether

🇪🇸 Spain has the largest amount of real estate available for purchase with cryptocurrency.
#Spain #Bitcon #binancepaymarketplace
#BTC #crypto2023

Portugal's Progressive Policies Propel Fintech Growth. 🇵🇹

Portugal's fintech sector is flourishing, with a population of around 10 million. The recently launched Portugal Fintech Report highlights the country's unique governmental approach, particularly in cryptocurrency and freelancer regulations.

Factors Driving Fintech Growth:

Regulatory Flexibility: Portugal's regulatory approach allows for flexibility, fostering a robust fintech landscape.

Tax Incentives: The country offers attractive tax incentives, making it an enticing hub for digital asset and freelancer-centric fintech startups.

Lifestyle Benefits: Portugal combines regulatory support with high-quality living conditions, attracting global talent.

Highlighted Fintechs in Portugal:

ivendPay: Provides comprehensive cryptocurrency solutions for everyday transactions, offering innovative technology and instant cryptocurrency-to-fiat exchange.

Wallid: Offers ID solutions spanning Web2 and Web3, simplifying online purchases and ensuring control over individual ID data.

Coinscrap Finance: A B2B fintech using transactional data and behavioral economics to help banks and insurers understand clients' financial situations.

Uphold: A Web3 financial platform with "Anything to Anything" interface, serving over 10 million customers globally.

Jupiter app: Streamlines tax management for freelancers and digital nomads, empowering individuals and positioning Portugal as a leader in supporting the future of work.

Portugal as the European Crypto Hub:

Lisbon excels as Europe's crypto hub due to favorable regulations and a dynamic tech community. Portugal's Digital Transitional Action Plan prioritizes innovation through designated "Free Zones" for testing new technologies.

Global Talent Pool and Collaboration:

Portugal, Europe's crypto hub, fosters entrepreneur collaboration through strategic projects. Proximity to Spain fuels fintech expansion. Initiatives like the Non-Habitual Resident scheme attract freelancers with tax benefits, set to change in 2024.

#IvendPay #Portugal #Spain #fintech #Europe

The Bank of Spain estimates that the Spanish public debt will be over 100% of GDP in 2025. The financial entity has published a report in which it indicates that the increase in interest rates would increase the financial burden of the public debt, which could make it difficult to meet deficit reduction objectives.

According to the report, Spanish public debt stood at 111.6% of GDP in December 2022. The Bank of Spain estimates that public debt will be reduced to 108.2% of GDP in 2023 and 107.6% of GDP in 2024. However, the financial institution warns that the increase in interest rates could increase the financial burden of public debt, which could make it difficult to meet the deficit reduction objectives.

The report points out that increasing interest rates would raise the cost of repaying public debt. This is because the Spanish Government has a large amount of long-term public debt, which is indexed to interest rates.

Rising interest rates could also reduce demand for Spanish public debt. This is because investors will look for more profitable investment opportunities in other countries.
The Bank of Spain recommends that the Spanish Government adopt measures to reduce the public deficit and increase the competitiveness of the Spanish economy. These measures would help reduce the financial burden of public debt and improve the sustainability of public finances.

#GDP #Spain

👨‍🎓👩‍🎓 Binance University Program ⚫🟡

The cryptocurrency exchange Binance has launched its 'Campus' program in Spain, an initiative aimed at university students that offers them the opportunity to connect with industry professionals and create NFTs together.

The program is open to students from all Spanish universities, regardless of their major or prior knowledge of cryptocurrencies. To participate, students must be part of the student board of directors or an association on their campus.

Once selected, students will participate in a series of activities and events designed to help them learn about the world of cryptocurrency and decentralized finance (DeFi). These activities include:

Training and Workshops: Binance will provide students with training on cryptocurrency, blockchain, and DeFi. This training will be taught by industry professionals.

Networking: Students will have the opportunity to connect with other students, professionals, and members of the crypto community.

Participation in projects: Students will be able to work on projects related to cryptocurrencies and DeFi. These projects can be developed by Binance or by other organizations.

Binance's 'Campus' program aims to help students develop their skills and knowledge in the field of cryptocurrencies. It also aims to encourage community building and the exchange of ideas between students and industry professionals.

To participate it is easy, you just have to fill out this formulario, it will be open until November 30, 2023.

What are you waiting for? Cheer up!!😉

#binance #BinanceSquareTrends #Spain

#BreakingNews

🔴 Spanish Prime Minister Pedro Sanchez announced that he will not resign.

#Spain #PedroSanchez

Will 2024 Break Spain's Hottest Year Ever Record?🔥

Spain is grappling with increasingly scorching summers. The nation is no stranger to heat, but the intensity and frequency of recent heatwaves are alarming. Could 2024 be the hottest year on record?

To grasp the severity of the situation, consider these record-breaking temperatures🥵:

Córdoba, Seville, and Jerez - notorious for their sizzling summers - have recorded temperatures exceeding 47°C (116.6°F).The national record stands at 47.6°C (117.7°F), a staggering figure that underscores the extreme heat Spain can endure.

These are not isolated incidents; they are part of a worrying trend. Heatwaves, once considered anomalies, are becoming the norm, with profound implications for the country. Extreme high temperatures affect agriculture, livestock and people. In agriculture, plants and crops often suffer greatly and need extra irrigation while water levels in rivers drop as evaporation rates in Spain dramatically increase during the summer months.
This heightened evaporation contributes to water scarcity issues, particularly in southern regions. In addition, and sadly some elderly people or people with vulnerable health conditions succumb to heat strokes in the hellish summer months. As a result, lately regional Spanish authorities publish and notify residents on road signs and by sms when it is recommended to NOT be outdoors at certain times of the day.

Do you live in a city or country with extremely hot summers? If so, which one and share the highest temperature you experienced.
#Spain #countries #Tourism

Tomatina: Spain's Reddest and Juiciest Party🍅🍅🍅

Who needs a water balloon fight when you can have a tomato fight? That's the motto of thousands of people who descend on the Spanish town of Buñol every year for La Tomatina. This isn't just any food fight; it's the biggest food fight in the world.

La Tomatina takes place on the last Wednesday of August and lasts for a glorious hour. But where did this crazy idea come from? Legend has it, a spontaneous tomato fight broke out during a town parade back in the 1940s. And the rest, as they say, is history. What started as a local scuffle has turned into a global phenomenon, attracting tourists from every corner of the planet.  

The festival has been critisized and many wonder "Isn’t this a huge waste of food?" Well, the tomatoes used in La Tomatina are actually surplus produce that would otherwise be thrown away in landfills. So, not only is it a riot of fun, but it’s also a pretty eco-friendly event.  

Locals and foreigners alike join in the tomato-flinging frenzy. It’s a great way to bond with the community and make some seriously messy memories. So, if you're looking for an unforgettable experience, grab your swim trunks (or at least some old clothes) and head to Buñol for the ultimate tomato-soaked adventure.  

This year's La Tomatina 2024 is on Wednesday, August 28th
Just remember: Don’t wear your favorite white outfit.😀

#Spain #Tomatina #Tourism

Worldcoin faces data privacy probe in Spain, suspending operations until year-end. Concerns over user data collection led to the investigation by German authorities. Worldcoin has improved security measures and allows users to delete iris scans. Despite regulatory hurdles, Worldcoin boasts 10 million users and aims to expand its blockchain network.
#WorldCoin. #Germany #Spain #WorldCoin.

Worldcoin's expansion into Mexico coincides with regulatory scrutiny in #Argentina , reflecting a broader debate on data privacy and technology innovation across Latin America. While Mexican authorities express concerns about Worldcoin's data protection practices, Argentine officials propose legislation to regulate biometric data collection. Carlos Puglelli's initiative aims to safeguard user rights and privacy in online transactions, emphasizing the need for informed consent and stringent security measures. #Worldcoin 's global expansion faces similar challenges, with regulatory responses in #Kenya and #Spain highlighting privacy concerns on the international stage.

Champion Spain 🇪🇸

#EURO2024 #Spain

Police in #Spain warn about the increase of #bitcoin and #cryptocurrency scams.

The sub-inspector of the National Police in Murcia, Diego Seral, said that most of the scams link bitcoin.

#crypto2023 #dyor

Barcelona Locals Are So Over Tourists, They're Fighting Back With Water Pistols💧🔫

You wouldn't believe what's going down in Barcelona. People are fed up with all the tourists and they're taking matters into their own hands – with water pistols!
Imagine walking down the street in one of the city's most popular spots and suddenly, mist mist, splash splash! You're getting soaked by angry Barcelonians, if the word exists! Sounds crazy, right? But it's happening. People are sick of the crowds, the rising prices, and their city turning into one big Disneyland.

Question is, where's the line between making money and ruining your own backyard? Barcelona's trying to figure that out, but it's a tough one. Other places like Mallorca and Malaga are dealing with the same tourist takeover.
So, what's the answer? Well, that's the million-dollar question. Can cities have their cake and eat it too? Enjoy the tourist money without losing their soul?

Do you live in a big city which has been taken over by mass tourism? What are your thoughts?
#Barcelona #Tourism #Spain

English or Spanish? 🇬🇧🏆🇪🇦

Which team do you think will win the tough match between England and Spain in Euro 2024?

Write your score predictions in the comments. 💬

#England #Spain #EURO2024 #football