• A rehab center in Spain has taken to treating crypto trading addiction.
  • Other countries are beginning to follow suit as well.
  • It is believed that 1% of crypto traders develop an addiction.

It seems the nation of Spain finds crypto trading to be a serious possible concern. The rehab center recognises that about 1% of the crypto trading population is susceptible to becoming ‘extremely’ addicted to crypto trading.

In detail, the luxury rehabilitation center in Spain called ‘The Balance’ has added services to treat addiction to cryptocurrency trading. To help traders recover from this newly recognized addiction, the center has many services available. 

Specifically, the Switzerland-founded center offers therapy, massages, and yoga as part of its four-week treatment program. To highlight, this set of treatments comes up to a total cost of over $75,000.

In response to this bold and highly surprising move, other rehabilitation centers in Scotland and Thailand have also added services for cryptocurrency addiction treatment. Indeed, it seems even more health centres across the world are beginning to accept extreme crypto trading to lead to addiction. 

Moreover, these centers approach rehab through a combination of Cognitive Behavioral Therapy, Motivational Interviewing, and Psychodynamic Theory. In addition to the estimation that 1% of cryptocurrency traders may develop an extreme addiction, the rehab also states how 10% may face other problems related to trading. 

To expand on the likely symptoms of crypto trading addiction, the rehab center draws light to few. These include constantly checking prices online, even in the middle of the night. While it may seem reasonable for traders to be concerned over their assets, it is still concerning when one neglects their health.

Traditionally, the center took in patients addicted to drugs, alcohol, and other behavioural health concerns. Now, they have taken a new approach to include addictions that are beginning to pop up with the latest changes in our world. The Web3 era has opened many doors to us and it is important for all industries to keep pace with it.

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Nicole D'souza Posted by

Lead Editor and Senior Journalist

Ensuring authentic and organic news stories in the realm of web3, blockchain, and cryptocurrency, Lauren exercises her focused and vigilant art of storytelling in the form of factual and prominent industry news. She is especially fascinated by the latest development in blockchain innovation and crypto regulations.