BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Torrovieja Aims to Become the First Crypto-Friendly European City

Matoy by Matoy
February 12, 2024
in CRYPTO, INVESTING, POLITICS
Reading Time: 2 mins read
1
SHARES
18
VIEWS
Share on XShare in TelegramShare on Reddit
  • Torrevieja, Spain aims to become Europe’s first crypto-friendly city by allowing stores to accept cryptocurrency payments.
  • The city hopes that accepting crypto will incentivize crypto owners to spend their holdings and pave the way for greater adoption.
  • The University of Alicante will offer courses on digital payments to help local businesses accept crypto.

The city of Torrevieja, located in Spain’s Alicante province, is embarking on an ambitious project to become the first crypto-friendly city in Europe. With a population of around 82,000, Torrevieja is a popular tourist destination known for its beaches, salt lakes, and lively expat community.

Allowing Crypto Payments

On February 6, 2023, the official website of the Torrevieja city administration announced a new collaboration between the city’s Department of Commerce and the Association of Small and Medium Merchants of Torrevieja. The goal is to transform Torrevieja into a crypto-friendly city by allowing stores to accept cryptocurrency payments.

JUST IN: 🇪🇸 Torrevieja, Spain aims to be Europe's first crypto-friendly city

Allowing stores to accept cryptocurrency payments pic.twitter.com/bEwZ902r6v

— BlockNews.com (@blocknewsdotcom) February 12, 2024

In the first phase of the project, the city will promote commerce through the use of cryptocurrencies in transactions. This will allow customers to pay for products and services with cryptocurrencies and other digital assets. The city hopes this will incentivize crypto owners to spend their holdings.

Paving the Way for Greater Adoption

Local Councilor for Commerce, Rosario Martínez Chazarra, expressed enthusiasm that these measures will pave the way for greater crypto adoption. The University of Alicante will also offer special digital payment courses for local businesses to get up to speed.

Although crypto payments are already legal in Spain, Torrevieja aims to be the first city to truly democratize their use. Currently, Spain has over 300 Bitcoin ATMs, showing an openness to crypto. The government has also implemented new tax laws aimed at crypto holders.

If successful, Torrevieja could become a model for mainstream crypto adoption across Europe. For now, the city is staking its claim as the continent’s most crypto-progressive tourist destination.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: EuropeSpain
TweetShareShare
Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

DON'T MISS THESE! HOT OFF THE PRESS

Jack Ma-Linked Yunfeng Financial Makes $44M Bet on Ethereum
CRYPTO

Jack Ma-Linked Yunfeng Financial Makes $44M Bet on Ethereum

September 2, 2025
Bitcoin Holds $110K as Bulls Eye $131K Breakout
BITCOIN

Bitcoin Holds $110K as Bulls Eye $131K Breakout

September 2, 2025
Trump Warns U.S. Could Become “Third World” Without Tariffs, Pushes for Early Supreme Court Ruling
OPINION

Trump Warns U.S. Could Become “Third World” Without Tariffs, Pushes for Early Supreme Court Ruling

September 2, 2025
Donald Trump Responds to Death Rumors, Dismisses Reports as ‘So Fake’ in Strong Rebuttal
OPINION

Donald Trump Responds to Death Rumors, Dismisses Reports as ‘So Fake’ in Strong Rebuttal

September 2, 2025
Fed Rate Cut Odds Spike Ahead of Jerome Powell’s September Decision: Here is Why This is Important
CRYPTO

Fed Rate Cut Odds Spike Ahead of Jerome Powell’s September Decision: Here is Why This is Important

September 2, 2025
What is World Liberty Finance and How Does it Work? Should You Buy WLFI in 2025? 
CRYPTO

What is World Liberty Finance and How Does it Work? Should You Buy WLFI in 2025? 

September 2, 2025
Load More

Related News

Jack Ma-Linked Yunfeng Financial Makes $44M Bet on Ethereum

Jack Ma-Linked Yunfeng Financial Makes $44M Bet on Ethereum

September 2, 2025
Bitcoin Holds $110K as Bulls Eye $131K Breakout

Bitcoin Holds $110K as Bulls Eye $131K Breakout

September 2, 2025
Trump Warns U.S. Could Become “Third World” Without Tariffs, Pushes for Early Supreme Court Ruling

Trump Warns U.S. Could Become “Third World” Without Tariffs, Pushes for Early Supreme Court Ruling

September 2, 2025
Donald Trump Responds to Death Rumors, Dismisses Reports as ‘So Fake’ in Strong Rebuttal

Donald Trump Responds to Death Rumors, Dismisses Reports as ‘So Fake’ in Strong Rebuttal

September 2, 2025
Fed Rate Cut Odds Spike Ahead of Jerome Powell’s September Decision: Here is Why This is Important

Fed Rate Cut Odds Spike Ahead of Jerome Powell’s September Decision: Here is Why This is Important

September 2, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews