Spanish People’s Party Contemplates Tax Breaks For Blockchain-Based Companies

The People’s Party of Spain is considering legislation that would give tax breaks to companies that use Blockchain technology, Bloomberg reports Feb. 15.

Teodoro García Egea, the lawmaker preparing the bill, told Bloomberg that the legislation should be ready this year. García Egea added that bringing Blockchain-based companies into Spain will promote business across all industries, from finance to health.

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