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Sujha Sundararajan
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Spain is gearing up to launch two key crypto regulations in 2026, including the full implementation of MiCA regulations.
Per CriptoNoticias, the country will enforce the DAC8 directive from January 1, 2026, requiring crypto exchanges to report user information.
Markets in Crypto-Assets Regulation (MiCA) has been one of the most significant regulatory shifts in Europe’s crypto landscape, which came into effect in December 2024. Spain will see its full deployment by mid-2026, the report added.
This means that cryptos will take shape in Spain under standardized rules for issuance and marketing. Besides, the regulation classifies them into categories such as utility tokens, security tokens and stablecoins.
Spain unveiled its MiCA adoption plans in 2023. July 2026 is the deadline for all 27 EU member states to implement the regulations of the law.
Besides, Banco de España, Spain’s central bank, informed its citizens of the potential benefits of the digital Euro, with its European counterparts to introduce the CBDC.
Spain to Implement DAC8 Crypto Directive – Here’s What it Means
The Euro nation will launch the full enforcement of DAC8, which provides for automatic exchange of information on crypto-assets between EU countries.
Starting Jan 1, 2026, exchanges and crypto service providers should automatically report user transactions, balances, and movements to EU tax authorities.
“From 2027 onwards, we will have information on all transactions carried out during 2026,” said José Antonio Bravo Mateu, a specialist in digital asset taxation. “It will be almost complete information,” he added.
According to the expert, DAC8 will significantly expand the scope of information, which would be “much greater than what is requested from a bank.”
“From January 1, 2026, if you have crypto assets or euros in an exchange located in Spain, they can be seized directly, without the need for complex prior procedures,” Bravo Mateu cautioned.
DAC8 Keeps Taxpayers on Tighter Leash
Risk and regulatory consultant Cero Uno says that the DAC8 directive is a “feast” for the Spanish Tax Agency.
If cryptos are held in custody by a Spanish-authorized entity like Binance Spain SL, the service provider must report directly to the Spanish Tax Agency using mandatory Forms 172 and 173, with balances and transactions carried out this year.
Last month, the Spanish Sumar Parliamentary Group proposed three amendments to crypto tax laws, including suggestions that crypto gains should be taxed under the Corporate Income Tax at 30%.
