Crypto Forum: A Clear Look at Crypto Investing for Businesses

If a business owner or self-employed professional wants to explore whether cryptocurrencies offer an investment angle or a payout method, registration is open. The I Crypto Business Forum will take place next Friday, May 27, from 09:00 to 14:00 in the amphitheater of the Elche Congress Center.

Attendance is free for up to 400 companies. The event is hosted by Mr. Crypto and organized in partnership with Binance, a leading cryptocurrency exchange known worldwide for its scale and reliability.

Attendees will receive a clear, non-technical overview of the crypto ecosystem, presented by nine of the industry’s leading national and international experts.

The event takes place in the amphitheater of the Elche Convention Center.

1- Is it legal?

Buying, selling, exchanging, paying with, or receiving payments in cryptocurrencies is not illegal in Spain or the European Union.

2- Are they regulated?

Spain has yet to implement a unified regulatory framework for crypto. However, tax accounting and invoicing related to cryptocurrencies are fully regulated in the country.

3- Is it safe?

Safety depends on the source. When cryptocurrencies are purchased from reputable national or international exchanges and stored in a trusted wallet, the assets themselves are generally secure.

If 100% consolidated cryptocurrencies are held in a secure ecosystem, they are considered safe.

4- Are they a scam?

Avoid scams by staying informed about the technology. Losses often come from misinformation, not the technology itself, much like other speculative markets such as stocks, gold, or real estate.

5- Can a hacker steal my cryptocurrencies?

With properly secured holdings, such as a reputable wallet and proper private key management, the risk of theft is greatly reduced.

6- Can anyone buy it?

Yes, both individuals and corporate entities can participate. As with any investment, it is wise not to commit money that would affect family finances if losses occur.

The more a cryptocurrency is bought, the more value it can attract, subject to market dynamics.

7- What does the price depend on?

Price is mainly driven by supply and demand. Strong buying activity can push prices higher, while selling pressure can drive them down. Global events and macroeconomic factors also influence crypto values similarly to other markets.

8- Is the price highly volatile?

Volatility is common. Price swings can be significant within short periods, and weekly returns may vary widely. Investors should be prepared for this reality when engaging with crypto assets.

9- When do you have to pay tax on cryptocurrencies?

Taxes are typically triggered by realized gains or by exchanges converting crypto into euros or other currencies. For example, selling or exchanging crypto at a gain may generate capital gains that are taxable. Losses can sometimes be used to offset gains in related tax terms, subject to local rules and time limits.

Record-keeping for crypto transactions is important; keeping records for several years may be required for tax purposes, depending on jurisdiction.

In some regions, wealth or other asset taxes may apply if holdings exceed certain thresholds, so local guidance is essential for accurate reporting.

I Crypto Business Forum

10- Can I accept cryptocurrencies for my products and services?

Yes. In Spain, crypto payments can be accepted with appropriate arrangements. If a payment is received in cryptocurrency, it may be converted to euros to stabilize value against volatility and simplify tax handling.

Event day: Friday, May 27, from 09:00 to 14:00.

Venue: Elche Convention Center Amphitheater.

Registration assistance is available with prior signup.