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.

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

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

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

#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 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 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

👨‍🎓👩‍🎓 Programa Universitario de Binance  ⚫🟡

El exchange de criptomonedas Binance ha lanzado en España su programa ‘Campus’, una iniciativa dirigida a estudiantes universitarios que les ofrece la oportunidad de conectar con profesionales de la industria y crear NFT Juntos.

El programa está abierto a estudiantes de todas las universidades españolas, independientemente de su carrera o conocimientos previos sobre criptomonedas. Para participar, los estudiantes deben formar parte de la junta directiva estudiantil o de alguna asociación en su campus.

Una vez que sean seleccionados, los estudiantes participarán en una serie de actividades y eventos diseñados para ayudarles a aprender sobre el mundo de las criptomonedas y las finanzas descentralizadas (DeFi). Estas actividades incluyen:

Formación y talleres: Binance proporcionará a los estudiantes formación sobre criptomonedas, blockchain y DeFi. Esta formación será impartida por profesionales de la industria.

Networking: Los estudiantes tendrán la oportunidad de conectar con otros estudiantes, profesionales y miembros de la comunidad criptográfica.

Participación en proyectos: Los estudiantes podrán trabajar en proyectos relacionados con criptomonedas y DeFi. Estos proyectos pueden ser desarrollados por Binance o por otras organizaciones.

El programa ‘Campus’ de Binance tiene como objetivo ayudar a los estudiantes a desarrollar sus habilidades y conocimientos en el campo de las criptomonedas. También pretende fomentar la creación de comunidad y el intercambio de ideas entre los estudiantes y los profesionales de la industria.

Para participar es facil, solo debes llenar este formulario estará abierto hasta el 30 de noviembre de 2023.

Que esperas? Animate!!😉

#binance #BinanceSquareTrends #Spain

▪️As Spain’s appetite for cryptocurrencies and web3 continues to grow, A&G’s pioneering fund offering signifies a major milestone in the nation’s financial landscape #crypto2023 #cryptocurrency #crypto #Spain

#Tether Has More Treasury Holdings Than #UAE, #Australia, and #Spain

Tether has unveiled a remarkable surge in its excess reserves.Tether has strategically allocated profits to bolster reserves amidst crypto ecosystem vulnerabilities.Tether’s improved performance coincides with a significant surge in the cryptocurrency markets.

Tether, in its most recent financial attestation for Q2 of 2023, reveals a continuous growth in its treasury reserve holdings, further backing the circulation of #USDT tokens. The publication by accounting firm BDO highlights a substantial $850 million increase in the company’s excess reserves, bringing the total to an impressive $3.3 billion. 

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

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

Tether Surpasses UAE, Australia, and Spain in US Treasury Bill Holdings.

#WebGTR #Tether #USA #Australia #Spain

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.

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/

Bank of #Spain one day after #MiCA approval: #bitcoin market is immature.

The head of the Spanish central bank, Pablo Hernandez De Cos, warned of the "risk" of the cryptocurrency market for the traditional financial system. 🤡

#Binance #crypto2023

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.

#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

#BreakingNews

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

#Spain #PedroSanchez