CryptoMediaClub
Friday, October 3, 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

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar
All news

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
0

With deep partisan divisions preventing Congress and the White House from reaching a funding agreement, the US government shut down...

Read moreDetails
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
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

Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe

Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe

2 years ago
Ethereum restaking: Blockchain innovation or dangerous house of cards?

Ethereum restaking: Blockchain innovation or dangerous house of cards?

2 years ago

Bitcoin Vs. BTC Companies: What’s The Better Buy?

2 years ago
Shiba Inu’s Explosive Growth: 20 Trillion SHIB Hits Break-Even

Shiba Inu’s Explosive Growth: 20 Trillion SHIB Hits Break-Even

2 years ago

Categories

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

Highlights

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Will a Europe-US BTC reserve race actually happen?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

Why is Bitcoin near all-time highs? Everything that happened in crypto today

Trending

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar
All news

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
0

With deep partisan divisions preventing Congress and the White House from reaching a funding agreement, the US...

Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
  • 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