As of 2025, Spain has strengthened its encryption regulatory framework and is sorting with global standards. This year, Spain is strengthening its rule of digital assets this year as a transparent, safe and regulated market. The government also clearly provides regulations to improve the nation’s fintech sector, preventing the risk of encryption in financial spaces.
Spanish encryption method 2025
July 4, 2025: BBVA starts encryption services to retailers.
BBVA (BANCO BILBAO VIZCAYA Argentaria), a multinational Spanish bank, has launched Crypto Trading (Bitcoin and Ether) and custody service for retailers. Services can be used through the mobile app. Initiatives have adjusted the initiative with the market of the EU’s Crypto Assets (MICA) to dominate the regulations and provide investor protection.
June 2025: Law to obtain encryption exchange data, seizure of digital assets
By implementing the DAC8 encryption rules by 2026, Spain expands measures to minimize criminal activities in the encryption space. In the extension of the encryption tax policy, Spain has announced that the Spanish tax agency can seize the cryptocurrency of all users with tax debt. This also extends to other digital assets.
December 30, 2025: MICA implementation market in Spain
In 2024, MICA applications are completely applied to the European Union, including Spain. All encryption asset service providers (CASP) operated in these countries must fully implement the MICA rules. But Spain chose a faster timeline to completely switch to MICA compliance.
December 30, 2024 -December 31, 20125
Spain shortened the transitional period, while the existing CASP was operated according to the current federal regulations, while the group could completely switch to MICA compliance.
What are the Spanish governments about encryption?
The Spanish government has allowed trade, mining and use of cryptocurrency in this country, but it is not recognized as a legal bid. The government takes careful and conservative stance on encryption and emphasizes the importance of consumer protection and tax compliance.
The Spanish government has performed professional crypto phases in several countries, such as adjusting the MICA regulations. The MICA compliance will be completely implemented on July 1, 2026. The Spanish government, however, decided to shorten the transition period six months. It does not apply on December 31, 2025.
In addition to improving regulatory frameworks, the government is also actively working to terminate crimes in encryption spaces. On June 25, with the support of law enforcement agencies in the United States, Estonia and France, the international encryption fraud network was dismantled on June 25, with more than 5,000 victims from all over Europe.
Spanish encryption license 2025
Is Spain a Cryptocurrency license in Spain? Yes, all institutions that provide password asset services to Spain require a CASP license of the Spanion National Securities Market Commission.
Spain’s CASP license requirements
- A company that wants CASP license in Spain requires a physical office in the country. At the same time, IBK accounts with the financial organization of the Spanish Central Bank are mandatory.
- Detailed business plans, overview strategies, platform use, client acquisition and protection measures are required.
- The Company must know the strict fund laundering (AML), Counter Terrorist financing (CFT) and customer (KYC).
- Only well -stored companies with AML staff can receive CASP license to check frequently.
Spanish cryptography 2025
Article 33.1 of the Personal Income Tax Act -The change in the net wealth of the taxpayer is considered a capital gain. We report Crypto revenue by June 30th.
- Encryption Tax Event: Receiving sales, swaps or payments, and encryption using encryption from mining, staying, defects, and air drops, etc., are taxed in Spain.
- penalty: Taxpayers must keep their tax return records and declare them every year. Otherwise, it will lead to considerable fines or legal measures.
| Tax type | tariff | details |
| Capital gain tax | 19% ~ 28% | According to income |
| Mining/Staying/Salary | 24% ~ 47% | Taxed in general income |
| Asset | 0.2% -3.75% (if it exceeds the threshold of net additional areas) | It exceeds € 700,000 |
Capital gain 2025 tax brackets
- € 6,001 -€ 50,000-21%
- € 50,001 -€ 200,000-23%
- € 200,001 -€ 300,000-27%
Spanish password adoption 2025
- Penetration rate: Currently, encryption user penetration rate is 50.97%, which is expected to increase by 53.08% by 2026. If the MICA compliance is expected from January 1, 2026, the number of encryption users is expected to reach 21.4 million.
- Encryption revenue: The average sales per Spanish user is estimated at $ 1.3 billion in 2025, which is estimated to be $ 54.3. The encryption market is expected to grow by 85.27%, with total cryptocurrency sales of $ 2.4 billion by 2026.
- Encryption: No disclosure of the Spanish government’s encryption holdings; Rather, there is a priority in strengthening control of the country’s encryption space.
conclusion
As the government strengthens the security measures of encryption, Spain is already increasing adoption. It is currently one of the five major European countries for adopting block chains and is known as a popular fintech hub worldwide. However, the government is further improving the regulations to terminate the country’s encryption fraud. Thus, from January 1, 2026, Spain’s change in Cryptocurrency and other digital assets.
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FAQ
Yes. Spain is considered a encryption -friendly country in 2025. There are clear provisions for the use of legal transactions, mining and cryptocurrencies, but these activities are subject to taxation and supervision.
Encryption capital is between 19% and 28% of Spanish taxes depending on profit. Imports from mining, steaking or encryption benefits are taxed from 24%to 47%.
Spanish encryption user penetration rate is currently 50.97%and is expected to reach 53.08%by 2026, and it is estimated that 221.4 million encryption users are estimated after compliance with the MICA.
It is encrypted, but Spain is not considered “encryption haven” due to comprehensive tax frameworks, including capital gains, income and asset taxes for encryption. Nations like El Salvador or Portugal (long -term holders) offer more tax advantages.