CoinVoice has recently learned, according to a report by Cointelegraph, that the Spanish left-wing party Sumar has proposed amendments to three major tax laws, intending to raise the cryptocurrency capital gains tax rate from the current 30% to 47%, and plans to classify all digital assets as seizable assets. The proposal also calls for the National Securities Market Commission (CNMV) to create a visual 'risk traffic light' system for cryptocurrencies. Critics have called this move a 'pointless attack on Bitcoin', warning that it could lead cryptocurrency holders to flee Spain.[Original link]