No, Spanish Citizens Don’t Have to Report Cash Withdrawals Over €3,000 in Advance to the Tax Agency

Information about an alleged new regulation requiring Spanish citizens to report cash withdrawals over €3,000 recently went viral on social media. Spanish crypto and tax experts debunked this claim, stating that it is completely incorrect and a result of a misunderstanding of anti-money laundering regulations. Experts Debunk Viral Post: Spanish Citizens Don’t Have to Report