What is the nationality of a connection?
The nationality of a connection refers to the country of the financial intermediary (such as an exchange or wallet provider) connected to your CryptoBooks account.
This information is required for accurate tax reporting and classification of your transactions, especially in countries like Portugal and Spain, where fiscal rules depend on the intermediary’s jurisdiction.
If you’d like to learn more about what the connection nationality is and how it affects your tax reports, please visit this article.
When to change the nationality
The nationality of the intermediary is a required field for certain countries, such as Portugal and Spain, to ensure the correct fiscal classification of your transactions and reports.
You may need to update this setting if:
you selected the wrong nationality when creating the connection
you moved your assets to an exchange with a different jurisdiction
your tax residence has changed and your reports must reflect it
How to change the connection nationality
Follow these steps to modify the nationality of an existing connection:
login into your CryptoBooks account and from the main menu, click on Connections
locate the connection you want to edit
click on the three dots on the right-hand side of the connection row
select Edit connection details
in the Nationality of intermediary field, open the dropdown menu and select the new nationality
click Save changes to confirm
Once saved, CryptoBooks automatically updates the connection and applies the correct nationality to your fiscal data.