The adoption of crypto belongings in Spain continues to develop, and this will also be seen within the expression of affection utilizing the monetary sector. buy of reward card Cryptocurrency (reward playing cards) by the Valencian supplier Bitnovo as a present to a beloved one elevated by 62% in 2025.
“Reward card development displays vital adjustments,” explains Javier Castro Acuña, Director of Digital Belongings at Bitnovo. As indicated in a press release despatched to CriptoNoticias, “Increasingly individuals wish to get nearer to the world of cryptocurrencies, and they’re doing it by merchandise that may be bought in common shops.”
These coupons help you purchase cryptocurrencies in Spain with out going by conventional exchanges. You should purchase it in supermarkets and shops akin to El Corte Inglés, Carrefour and Fnac.pay by money or card. The operation is identical because the others reward card Standard.
What the customer buys is reward card You’ll obtain a singular code with a hard and fast worth in euros. That code is then redeemed in your chosen cryptocurrency from a suitable pockets.
These reward playing cards are Obtainable in denominations from 25 euros to 500 euros. And you’ll alternate it for over 20 crypto belongings, together with Bitcoin (BTC), Ether (ETH), the digital foreign money Ethereum, and the stablecoin USD Coin (USDC), which maintains the identical worth because the US greenback.
Cryptocurrency reward card and self-storage as distinction
Ease of entry is reward card The rise of cryptocurrencies in Spain’s main retail chains partly explains the document development. The principle sights embody the power to buy face-to-face, the absence of complicated technical processes, and the potential of not linking financial institution accounts.
Castro Acuña mentioned one of many core elements of reward playing cards is that the corporate don’t retailer belongings. “The acquired cryptocurrencies will likely be transferred on to the customers’ private wallets,” he identified. This permits customers to position them in self-custody wallets.
The supervisor added that Bitnovo solely acts as a “transaction middleman.” subsequently, Customers have full management over their cryptocurrencies and personal keyswhich is presently being evaluated in Spain. That is in gentle of the truth that beginning this 12 months, corporations managing cryptocurrencies within the European Union should report consumer actions to tax authorities such because the Ministry of Finance.
Due to this fact, curiosity in self-custody is rising amongst traders. Individuals who wish to keep their privateness About their funds. It is all due to the Administrative Cooperation Directive (DAC8) that Congress authorized in October. Efficient in 2026.
The regulation requires digital foreign money service suppliers within the area to current a report on consumer actions on the finish of every 12 months. The intention is to strengthen the authorized framework on Automated Alternate of Info (AEOI) to fight tax fraud and fight tax evasion.
12 months of Cryptocurrency Regulation Adjustments
In accordance with digital asset tax knowledgeable José Antonio Bravo Mateu: DAC8 considerably expands the vary of knowledge accessible to Treasury: «From 2027 you should have info on all actions made throughout 2026 (…). Will probably be virtually full info,” he mentioned.
The advisor emphasizes that whereas conventional banking programs solely report balances over EUR 250,000, with digital belongings “even the alternate of two euros with a digital foreign money is just not missed”, “this info is rather more than that required by banks”.
This regulation additionally facilitates prospects for authorities seize crypto belongings In case of default. On this context, privateness advocates akin to tax consultants have warned concerning the significance of utilizing Bitcoin outdoors of centralized platforms. Clarifies that sure nameless acts are authorized except they represent regular financial exercise.
Within the midst of regulatory adjustments, Over 32 million Europeans use crypto belongings. In Spain, this determine already reaches 9% of the inhabitants, based on information collected by Bitnovo. “This development is in response not solely to the rising public curiosity in investing in digital belongings, but in addition to the emergence of more and more accessible and easy buying strategies,” it highlights. reward card.
Along with Bitnovo, there are different corporations that supply the next providers: reward card Gifting cryptocurrency balances like Bitrefill, which is offered in Spain and different Latin American international locations. This additionally lets you buy reward playing cards paid with crypto belongings to reward different providers in numerous fields akin to journey, style, electronics, and so forth.
