Crypto collateral loans in Spain: taxable events?
Depositing collateral: NOT a taxable event (you're still the owner)
Receiving loan: NOT a taxable event (it's a debt, not income)
Paying loan interest: NOT deductible for individuals (personal loans)
Collateral liquidation: YES taxable event — liquidation = sale of crypto → capital gain/loss at liquidation price
Recovering collateral when repaying: NOT a taxable event
kointax automatically detects collateral deposits and liquidations, correctly classifying taxable vs non-taxable events.