现金提取
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Spain's New Regulation Sparks Heated Discussion: Cash Withdrawal Supervision Upgraded, User Data Privacy Faces Challenges
Recently, news about Spain's new cash withdrawal regulations has sparked heated discussions. The news stated that Spaniards withdrawing more than 3,000 euros in cash must apply for permission from the tax authority in advance, or they may face fines of up to 150,000 euros. However, after verification, this information is false.
The news shows that the regulation is actually aimed at banks and financial technology companies, rather than ordinary account holders. Banks and related institutions are required to report cash deposits and withdrawals, loans, and account balances exceeding 3,000 euros each month, while individual savers do not need to notify the tax authority in advance. The fines mainly target financial institutions that fail to submit the necessary information, and individual customers are not affected.
This rumor originated from a report on April 28, which was subsequently reprinted by several media outlets. In fact, the Royal Decree 253/2025 amending Spain's tax management regulations aims to enhance financial transparency and monitoring. Although it does not require cash withdrawers to notify in advance, it does increase banks' obligations to collect and report data.
Even without the need to apply in advance, Spain's new regulations allow the tax authority to grasp information about large transactions made with cash or bank cards, as if being monitored in real-time.
This has also raised concerns among some privacy advocates and Bitcoin users, who believe that such data collection could undermine personal privacy rights.
Looking at the broader picture, Spain's move is part of a larger EU anti-money laundering plan, aimed at setting cash payment limits and strengthening transaction monitoring across the territory.
For Spanish savers and cryptocurrency users, they can still withdraw more than 3,000 euros normally, although they may face some additional identity verification, but no declaration is necessary.
However, from another perspective, this regulation indeed enhances the appeal of anonymous assets like Bitcoin and promotes the concept of 'self-custody'.
In summary, although the news about the new cash withdrawal regulation has somewhat exaggerated and misled the public, Spain's policy undoubtedly weakens the space for personal financial privacy.
What do you think about Spain's new regulation? What impact do you believe this will have on personal financial privacy?
#西班牙 #现金提取 #金融隐私 #加密货币
Recently, news about Spain's new cash withdrawal regulations has sparked heated discussions. The news stated that Spaniards withdrawing more than 3,000 euros in cash must apply for permission from the tax authority in advance, or they may face fines of up to 150,000 euros. However, after verification, this information is false.
The news shows that the regulation is actually aimed at banks and financial technology companies, rather than ordinary account holders. Banks and related institutions are required to report cash deposits and withdrawals, loans, and account balances exceeding 3,000 euros each month, while individual savers do not need to notify the tax authority in advance. The fines mainly target financial institutions that fail to submit the necessary information, and individual customers are not affected.
This rumor originated from a report on April 28, which was subsequently reprinted by several media outlets. In fact, the Royal Decree 253/2025 amending Spain's tax management regulations aims to enhance financial transparency and monitoring. Although it does not require cash withdrawers to notify in advance, it does increase banks' obligations to collect and report data.
Even without the need to apply in advance, Spain's new regulations allow the tax authority to grasp information about large transactions made with cash or bank cards, as if being monitored in real-time.
This has also raised concerns among some privacy advocates and Bitcoin users, who believe that such data collection could undermine personal privacy rights.
Looking at the broader picture, Spain's move is part of a larger EU anti-money laundering plan, aimed at setting cash payment limits and strengthening transaction monitoring across the territory.
For Spanish savers and cryptocurrency users, they can still withdraw more than 3,000 euros normally, although they may face some additional identity verification, but no declaration is necessary.
However, from another perspective, this regulation indeed enhances the appeal of anonymous assets like Bitcoin and promotes the concept of 'self-custody'.
In summary, although the news about the new cash withdrawal regulation has somewhat exaggerated and misled the public, Spain's policy undoubtedly weakens the space for personal financial privacy.
What do you think about Spain's new regulation? What impact do you believe this will have on personal financial privacy?
#西班牙 #现金提取 #金融隐私 #加密货币
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