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Topic: [2014-09-12] Spain Cracks Down on Bitcoin Gambling Loopholes (Read 653 times)

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http://www.coindesk.com/spain-cracks-bitcoin-gambling-loopholes/

The Spanish government agency that oversees matters of finance and taxation has issued a new ruling stating that bitcoin should be treated as an electronic payment system, a decision that could have a far-ranging impact on Spain’s bitcoin economy.

El Ministerio de Hacienda y Administraciones Públicas issued the ruling in response to questions from Coinffeine, a Spain-based, open-source bitcoin exchange platform. Abanlex, the company’s law firm, had previously reached out to both El Ministerio de Hacienda and the country’s Congress seeking clarity on two issues in April.
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