CryptoMediaClub
Monday, October 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Spain’s First Crypto-Friendly City Coming Soon

13.02.2024
A A
0
124
VIEWS
ShareShare

The Torrevieja administration announced a series of Web3 initiatives. In particular, local residents and businesses will have the opportunity to use crypto as a legal means of payment.

Torrevieja to Become Spain’s First Crypto-Friendly City

The Department of Commerce of Torrevieja City Council, a popular tourist hub in the Alicante province of Spain, together with the local Association of Small and Medium Merchants (APYMECO), outlined the city’s ambitious digital transformation project.

The initiative will see the region transformed into “the first crypto-friendly city in Europe.” The transformation will take place in three phases:

  1. The first phase will focus on promoting the digitalization of local commerce, which contributes most to the region’s economy. The city council’s efforts will focus on encouraging the development of commercial relationships using blockchain and cryptocurrencies. Representatives of local businesses will be able to start accepting crypto payments for goods and services.
  2. The second phase will introduce a range of sustainable initiatives based on blockchain innovations that will help restore natural spaces and positively impact the environment.
  3. The third phase will center on increasing job opportunities, promoting businesses, and funding local tech companies. The plan is to significantly reduce unemployment in the region and improve the education of local blockchain talent.

Rosario Martínez Chazarra, Member of Torrevieja’s Department of Commerce, said the initiative could attract more merchants to the city, making the region more attractive to a variety of customers. She also noted that the University of Alicante will launch special digital payment courses for local businesses.

According to Jorge Almarcha, President of APYMECO, digital assets are allowed in Spain since 2015, but no city attempted to introduce cryptocurrencies into their economy until now. He encouraged local merchants to register to participate in the first phase of Torrevieja’s digital transformation. This can be done on the APYMECO’s official website.

Spain is a relatively open region for the crypto industry, but digital assets don’t have the status of legal tender in the country. On the other hand, local legislation obliges citizens to declare crypto-assets and pay taxes on profits.

Local officials’ plans to make Torrevieja the first crypto-friendly region in Europe ignore already existing projects, such as Lugano in Switzerland. Similarly crypto-friendly regions are being developed in Italy (Rovereto) and Portugal (Madeira).

Сообщение Spain’s First Crypto-Friendly City Coming Soon появились сначала на CoinsPaid Media.

Share10Tweet6ShareSharePin2

Related Posts

Sharplink Gaming Adds $80M in Ethereum to Strategic Reserve After Month-Long Lull
All news

Sharplink Gaming Adds $80M in Ethereum to Strategic Reserve After Month-Long Lull

27.10.2025
0

Sharplink Gaming added 19,271 Ether worth about $80.37m to its strategic reserve on Monday, ending a month of quiet accumulation...

Read moreDetails
Ledger Faces Backlash Over New Multisig App Fees Despite Technical Upgrade

Ledger Faces Backlash Over New Multisig App Fees Despite Technical Upgrade

27.10.2025
Your Crypto Isn’t Safe Outside the Blockchain, Vitalik Buterin Warns

Your Crypto Isn’t Safe Outside the Blockchain, Vitalik Buterin Warns

27.10.2025
Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve

Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve

27.10.2025
Ethereum Price Prediction: Key Weekly Bounce Confirms Strength, Eyes Crucial Resistance Breakout

Ethereum Price Prediction: Key Weekly Bounce Confirms Strength, Eyes Crucial Resistance Breakout

26.10.2025
Load More
Next Post
Best Crypto to Buy Today February 13 – AKT, GNO, STX

Best Crypto to Buy Today February 13 – AKT, GNO, STX

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

South Korean Lawmaker Proposes ETF Bill to Include Virtual Assets

South Korean Lawmaker Proposes ETF Bill to Include Virtual Assets

4 months ago
Siton Mining Launches New XRP Cloud Mining Application, XRP Powers BTC Mining Machines

Siton Mining Launches New XRP Cloud Mining Application, XRP Powers BTC Mining Machines

2 months ago
Web3 Gaming User Activity Doubled Over One Year

Web3 Gaming User Activity Doubled Over One Year

2 years ago

London Police Unleash Specialized 40-Member Unit to Hunt Down Crypto Criminals

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve

Ethereum Price Prediction: Key Weekly Bounce Confirms Strength, Eyes Crucial Resistance Breakout

XRP Price Prediction: Outpacing Other Altcoins XRP Closes Week Up 11.4% – Momentum Building?

Coinbase CEO Wants Every Startup to Launch, Fund, and IPO Onchain

Coinbase’s x402 AI Payments Protocol Sees 10,000% Surge in Activity

Bitcoin Price Prediction: Kiyosaki Says Path to Financial Freedom Paved With Bitcoin – Is He Right?

Trending

Sharplink Gaming Adds $80M in Ethereum to Strategic Reserve After Month-Long Lull
All news

Sharplink Gaming Adds $80M in Ethereum to Strategic Reserve After Month-Long Lull

27.10.2025
0

Sharplink Gaming added 19,271 Ether worth about $80.37m to its strategic reserve on Monday, ending a month...

Ledger Faces Backlash Over New Multisig App Fees Despite Technical Upgrade

Ledger Faces Backlash Over New Multisig App Fees Despite Technical Upgrade

27.10.2025
Your Crypto Isn’t Safe Outside the Blockchain, Vitalik Buterin Warns

Your Crypto Isn’t Safe Outside the Blockchain, Vitalik Buterin Warns

27.10.2025
Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve

Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve

27.10.2025
Ethereum Price Prediction: Key Weekly Bounce Confirms Strength, Eyes Crucial Resistance Breakout

Ethereum Price Prediction: Key Weekly Bounce Confirms Strength, Eyes Crucial Resistance Breakout

26.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz