Spain to Implement Full EU MiCA Regulations Starting July 2026
Spain is preparing to enforce two pivotal crypto regulations in 2026, including the comprehensive adoption of the Markets in Crypto-Assets Regulation (MiCA). The DAC8 directive will take effect from January 1, 2026, mandating crypto exchanges to disclose user data. MiCA, which began shaping Europe's crypto landscape in December 2024, will be fully operational in Spain by mid-2026.
The regulation standardizes issuance and marketing practices, categorizing digital assets into utility tokens, security tokens, and stablecoins. Spain announced its MiCA compliance strategy in 2023, aligning with the EU-wide deadline for all 27 member states.
Banco de España has also highlighted the potential advantages of the digital euro, collaborating with other European central banks to advance the CBDC initiative.
