Spain Enforces Strict Transition Period Ahead of MiCA Implementation
Spain's Comisión Nacional del Mercado de Valores (CNMV) has taken a decisive stance on cryptocurrency regulation, leaving no room for ambiguity. The regulator published a detailed Q&A session outlining how the Markets in Crypto-Assets (MiCA) framework will be enforced locally, signaling an end to regulatory gray areas.
Existing crypto service providers face a hard deadline of December 30, 2025 to achieve full compliance. The CNMV's guidance extends beyond trading platforms, affecting all crypto-asset service providers operating in Spanish territory. This move demonstrates Spain's proactive approach to implementing EU-wide crypto regulations ahead of schedule.