Spain Sets Strict Crypto Rules for 2026
Spain will fully enforce the European Union's landmark cryptocurrency regulations, MiCA and DAC8, by 2026, marking a significant step toward enhanced oversight and transparency in the digital asset sector. Starting January 1, 2026, crypto platforms operating in Spain must collect comprehensive transaction data, including balances and fund flows, and report this information to EU tax authorities under DAC8. Exchanges will begin exchanging this data by September 2027.
Under MiCA, all crypto-asset service providers must secure full authorization from Spain's National Securities Market Commission (CNMV) by July 1, 2026, or face shutdown. While Spain's tax authorities gain expanded powers to act on crypto-related tax debts, self-custody wallets remain exempt from reporting requirements—a notable carve-out in the otherwise stringent framework.
