Cryptocurrencies are gaining ground in the Spanish economy, demonstrating their usefulness beyond investments. The recent initiative of Cepsa gas stations , which now offer the purchase of cryptocurrencies directly in their facilities , is indicative of the growing integration of these assets into daily life.
Spain has become a fertile environment for the growth of digital assets, with notable adoption last year, where almost half of the population used cryptocurrencies to make payments and transfers , offering a cost-effective alternative to payment methods. traditional.
The Cepsa gas station initiative
The Cepsa chain has been a pioneer in the sale of cryptocurrencies at its service stations, facilitating access to these assets through the purchase of Bitnovo coupons in nearly 700 of its stores . This method allows consumers to easily purchase cryptocurrencies, either with cash or card, and redeem them later through the Bitnovo platform.
The cryptocurrency market in Spain has seen a considerable flow of capital, with transactions reaching €60 billion in the last year. Bitcoin is the predominant currency, representing close to 40% of the cryptocurrencies held by Spanish investors. The Bank of Spain has begun to register companies that handle cryptoassets to keep track of this emerging market, with more than 50 companies registered to date.
Likewise, the increase in the acceptance of cryptocurrencies by online businesses and entertainment platforms, such as casinos that accept Bitcoin, reflects a trend towards their use not only as an investment, but also for more conventional transactions.
Cryptocurrencies in Spain
It is important to note that Spanish regulations on cryptocurrencies have evolved to adapt to the growth of the sector. Since 2021, tax authorities have intensified information requirements on cryptocurrency transactions and holdings.
Without a doubt, the integration of cryptocurrencies in everyday sectors such as gas stations facilitates public access to these digital assets and demonstrates the potential of cryptocurrencies to revolutionize payment and value transfer systems. This development suggests a future in which cryptocurrencies could play an even more central role in the global economy, influencing everything from small daily transactions to large acquisitions and investments.
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Source: cryptonoticias.com
Photo: shutterstock
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