xmrk ₿ ⚡️ on Nostr: Spain is heading slowly towards the step 1. They have their FBAR, and this or next ...

Spain is heading slowly towards the step 1. They have their FBAR, and this or next year they extend it to bitcoin and cryptocurrencies held on foreign exchanges. (https://cincodias.elpais.com/cincodias/2022/12/30/economia/1672404046_312886.html) The idea is that local (Spanish) exchanges do KYC and report directly about their customers, and Spanish tax residents report about their bitcoin held by foreign custodians. Strangely, they exempt self-custody. Probably because they have no idea how things work: they originally proposed reporting public keys of your bitcoins held by foreign custodian. (https://cincodias.elpais.com/cincodias/2022/06/29/economia/1656506084_005184.html).
But I wouldn't count on this lack of knowledge, it is easily solvable, they have the motivation.