Spain will implement new cryptocurrency regulations, MiCA and DAC8, in 2026.

According to a report by CriptoNoticias, Spain will fully implement two key cryptocurrency regulations in 2026: the EU's Crypto Asset Markets Regulation (MiCA) and the Administrative Cooperation Directive (DAC8). MiCA will take full effect on July 1, 2026, requiring all crypto service providers to obtain full authorization to continue operating. DAC8, on the other hand, will be implemented from January 1, 2026, mandating exchanges to report users' transactions, balances, and fund flows to EU tax authorities. Tax experts warn that the Spanish tax authorities will have the power to directly freeze or liquidate users' assets on exchanges to repay tax debts, and recommend that users consider self-custody options, as self-custody wallets are not subject to these reporting requirements.