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Spain Considers Legislative Incentives for Blockchain Companies and ICOs

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The People’s Party in Spain proposed to legislate crypto that provides incentives for fundraising with ICO, tax breaks for companies specialized in data processing
Spain Considers Legislative Incentives for Blockchain Companies and ICOs
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Spain is looking to attract companies that use Blockchain technologies and cryptocurrency by providing tax exemptions. The People’s Party is behind the proposed legislation that provides incentives for fundraising through ICOs, tax breaks for companies with specialization in data processing, and a threshold below which cryptocurrency investments don’t need to be reported for investors.

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