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Spain implemented new cash withdrawal regulations requiring banks and fintechs to report withdrawals over €3,000, sparking widespread public concern and misinformation.
Royal Decree 253/2025 is a Spanish regulation that amends national tax management rules to mandate detailed monthly reporting by financial institutions on transactions over €3,000.
A viral tweet falsely claimed that Spanish bank customers would face €150,000 fines under Royal Decree 253/2025, contributing to widespread public confusion and fueling outrage online.
Spain’s Royal Decree 253/2025 became the subject of misinformation claiming individuals needed to seek government permission to withdraw cash, a narrative later debunked by fact-checkers and official sources.

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