Spain to Enforce Full Crypto Compliance by 2026 Under EU MiCA Framework

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Spain is set to enforce a full compliance framework for cryptocurrency by 2026 under the EU Markets in Crypto-Assets Regulation. The reform aligns with the EU MiCA regulation, which will go live in December 2024. Spain aims to complete its implementation by mid-2026, with the CNMV in charge of oversight. Digital assets will be categorized into utility tokens, security tokens, and stablecoins. A transition period until July 1, 2026, allows existing firms to operate without MiCA authorization. From that date, only authorized entities can function. Spain also passed DAC8 in October 2025, effective January 1, 2026, requiring automatic tax reporting by crypto service providers.
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