Spain’s Government Prepares to Lure Blockchain Firms, ICO Issuers

The Spanish government is reportedly preparing legislation that includes possible tax incentives to lure blockchain companies into the country. The People’s Party (PP) of Spain, the country’s ruling party, is weighing up legislation to specifically attract blockchain firms due to the technology’s potential in a number of industries including finance, education, and health, according to lawmaker Teodoro Garcia Egae. Speaking to Bloomberg, the lawmaker also pointed to ‘specific regulations’ that would make Spain a destination for entrepreneurs and firms to carry out initial coin offerings (ICOs) using blockchain(s).

Reference: https://www.ccn.com/spains-government-prepares-lure-blockchain-firms-ico-issuers/

Share this: