Spain is going beyond the digital plane and is setting up a joint body to advise its government on the digital transformation of public policies in the sector for the next five years.

The Spanish government has set up the new Advisory Council for Digital Transformation, whose main function will be to advise the Ministry of Economic Affairs and Digital Transformation on the correct policies to be implemented in this important area.

The Council will have to design the necessary guidelines to be applied by the government through its ministry in order to complete the necessary process for a digital transformation in the areas of telecommunications, digital infrastructure, digitalisation of the economy, promotion and regulation of digital services, among others.

The body will be public-private and is chaired by the Third Vice-president and Minister of Economic Affairs, Nadia Calviño, who will also have two Vice-presidents, the Secretary of State for Digitalisation and Artificial Intelligence, Carmen Artigas, and the Secretary of State for Telecommunications and Digital Infrastructure, Roberto Sánchez.

Its operation will be organised through a plenary session that will meet annually and two permanent committees.

The formation of the new body responsible for the digitisation of the Spanish economy was chaired by the President of that nation, Pedro Sánchez, together with more than 50 social and economic agents related to the digital transformation.

The President pointed out that the digital transformation is one of the four cross-cutting themes of the Recovery, Transformation and Resilience Plan, to which 33% of the public investment planned for the next two years is expected to be devoted.

The Advisory Council also includes some vocal organisations such as FENITEL, the Association of Communication Users, the COIT and CERMI, which will have the opportunity to participate in the design of public policies for the digital transformation of the economy in the aforementioned areas.

Digital Spain 2025

With the setting up of the Advisory Council, the Sanchez government continues to pursue its „transcendental“ plan to promote new technologies and mobilise 140,000 million euros within the framework of its España Digital 2025 programme.

The plan includes 47 measures to promote the „digital transition in the country“, with the mobilisation of 70 billion euros up to 2022, as part of the Recovery Plan agreed with the European Union.

The plan envisages taking advantage of new technologies to „relaunch economic growth, reduce inequality and increase productivity“,

Although the Blockchain technology does not stand out within the macro objectives of the plan, disruptive technologies such as Artificial Intelligence and Big Data stand out with a large part of the assigned budget, while cyber security and the training of professionals in basic digital skills stand out as the objectives within the medium term project.

Technology Yes, Crypts No

The formation of the Council comes days after the country announced its new law on Crypto-Coins, a high point that has been strongly questioned by the digital community in general.

For many citizens, the new bill complicates the situation of crypto-currency for ordinary citizens, as the new draft law against tax fraud requires crypto-reporting even for assets held or traded internationally.

The „Draft Law on Measures to Prevent and Combat Tax Fraud“ was recently given the green light by the Spanish Council of Ministers, the central body of the Spanish government, on 13 October.

Despite the pessimism of many regarding the regulation of the crypto sector in Spain, for others it represents a new opportunity to massify its use through a transparent regulatory framework that allows the generation of the necessary incentive and confidence for investment in the sector, as well as the arrival of consolidated companies that make life in the crypto space at a global level.