Spanish Treasury to seize crypto to pay tax debts
The ministry, led by María Jesús Montero, is developing legislative reforms to the General Tax Law to identify and seize crypto assets owned by taxpayers with overdue debts.
cointelegraph.com
1) Report your own assets over 50,000 EURO in value by law.
2) Seizure of assets for 'tax'. (that's like seizing a home to pay a tax, where a payment plan would normally suffice).
3) Reporting of Debit/Credit card transactions.
That's like tyranny on steroids.