In 2025, Spain strengthens its cryptographic regulatory framework, aligned it with global standards. With a transparent, secure and highly regulated market this year, Spain strengthens its reign on digital assets. In addition, the government provides clarity in the regulation to prevent the risks linked to crypto in financial space while improving the Fintech sector in the country.
Spain Crypto Lois 2025
July 4, 2025: BBVA launches cryptography services to retail customers
Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish bank, launched Crypto Trading (Bitcoin and Ether) and childcare services for retail customers. Services can be used via mobile applications. He aligned the EU market initiative in cryptographic assets (MICA) to set up regulations and provide investor protection.
June 2025: law to acquire data from crypto exchanges, enter digital assets
With the implementation of the rules of Crypto DAC8 by 2026, Spain extends its measures to minimize criminal activity in cryptographic space. In extension of its cryptographic tax policy, Spain announces that the Spanish tax agency is authorized to grasp the cryptocurrency assets of any user with tax debts. This also extends to other digital assets.
December 30, 2025: Implementation of the market of Crypto assets (Mica) in Spain
Mica requests have become fully applicable throughout the European Union (EU), including Spain, in 2024. All providers of cryptographic asset services (CASPS) operating in these countries are required to fully implement the rules of mica. However, Spain has opted for a faster calendar to fully switch to Mica compliance.
December 30, 2024 – December 31, 2025
By shortening its transition period, Spain has enabled existing casps to operate under current federal regulations while entities are fully compliant with mica.
What does the Spanish government say about the crypto?
Although the Spanish government has authorized trade, mining and the use of cryptocurrency in the country, it is not recognized as a call for tenders. The government holds a prudent and conservative position on the crypto, stressing the importance of consumer protection and tax compliance.
The Spanish government has taken several pro-Crypto measures in the country, such as reprogramming compliance with mica. MICA compliance should initially be fully implemented on July 1, 2026; However, the Spanish government has chosen to shorten the six -month transition period. It will not take effect on December 31, 2025.
In addition to improving the regulatory framework, the government is also actively working at the end of crime in cryptographic space. On June 25, the Spanish Civil Guardia, with the support of the police in the United States, Estonia and France, dismantled an international Crypto fraud network which scammed more than 5,000 victims across Europe and beyond.
Crypto license in Spain 2025
Is there a cryptocurrency license in Spain? Yes, any entity providing an cryptographic asset service in Spain requires a CASP license from the Spanish securities market commission (CNMV).
CASP license requirements in Spain
- Companies looking for a CASP license in Spain need a physical office in the country. In addition to this, a corporate bank account with financial authorization from the Central Bank of Spain is mandated.
- A detailed business plan, a strategy described, use of the platform, acquisition of customers and protective measures are necessary.
- Companies must join a strict fight against money laundering (AML), counter-terrorist financing (CFT), and know the conformity of your customer (KYC).
- Only well -pretended companies with an LMA officer for frequent verification of compliance are eligible for a CASP license.
Cryptographic tax in Spain 2025
Under article 33.1 of the income tax law of individuals – any modification of the net wealth of a taxpayer is considered a capital gain. Reporting Crypto Returns by June 30 of each year is mandated.
- Crypto tax events: Sale, exchange or payment using the crypto, receiving crypto as a income, such as salary, mining, stake, challenge, air parameters, etc., are subject to tax in Spain.
- Penalty: Taxpayers must keep their income declarations registers and declare them correctly each year. Otherwise, this will lead to significant fines or legal action.
| Type of tax | Tax rate | Details |
| Capital gains tax | 19% to 28% | Depending on the income |
| Exploitation / Employment / Salary | 24% to 47% | Taxed as a general income |
| Tax on wealth | 0.2% – 3.75% (if clear wealth exceeds the regional threshold) | Exceeding € 700,000 |
Capital gains tax brassets for 2025
- € 6,001 – € 50,000 – 21%
- € 50,001 – € 200,000 – 23%
- 200 001 € – € 300,000 – 27%
Adoption of cryptography in Spain 2025
- Penetration rate: Currently, the penetration rate of cryptographic users is 50.97%, which should increase up to 53.08% in 2026. As compliance with Mica is scheduled from January 1, 2026, the number of crypto users should reach 25.14 million.
- Crypto income: Average turnover per user in Spain is estimated at US $ 54.3, totaling US $ 1.3 billion in 2025. The cryptography market should show a growth of 85.27%, which causes total cryptography turnover of $ 2.4 billion by 2026.
- Crypto Holdings: No public disclosure of cryptographic assets of the Spanish government; Rather, it favors the strengthening of its control over the cryptographic space of the country.
Conclusion
Spain is already seeing growth in the adoption rate, as the government has intensified the crypto security measures. It is currently classified among the five EU First Nations for the adoption of blockchain and is worldwide known as a popular fintech center. But the government improves regulations more to put an end to cryptographic fraud in the country. Thus, from January 1, 2026, the whole landscape of cryptocurrency and other digital assets with a change in Spain.
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Faq
Yes, Spain is considered a friendly country in crypto in 2025. It has clear regulations for legal trade, mining and the use of cryptocurrencies, although these activities are subject to taxation and surveillance.
The tax on cryptographic capital gains in Spain varies from 19% to 28% depending on the profits. Revenues from mining, stimulus or cryptographic wages are taxed as a general income, from 24% to 47%.
The penetration rate of the user of cryptography in Spain is currently 50.97% and is expected to reach 53.08% by 2026, with around 25.14 million crypto users after full MICA compliance.
Although user -friendly, Spain is not considered a “crypto paradise” because of its full tax framework, in particular capital gains, income and wealth taxes on crypto. Countries like El Salvador or Portugal (for long -term holders) offer more tax advantages.
