Spain will impose the DAC8 directive from January 1, 2026, needing crypto exchanges to report user information, and MiCA from mid-2026.
Spain is preparing up release 2-main crypto regulations in 2026, which includes the full implementation of MiCA regulations.
Per CriptoNoticias, the nation will enforce the DAC8 directive from January 1, 2026, needing crypto exchanges to report user information.
Markets in Crypto-Assets Regulation (MiCA) has been one of the important regulatory moves in Europe’s crypto landscape, which came into effect in December 2024. Spain will see its complete deployment by mid-2026, the report delivered.
This means that cryptos will take shape in Spain beneath standardized rules for issuance and marketing. Moreover, the regulation organizes 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 execute the regulations of the law.
Moreover, Banco de España, Spain’s central bank, notified its citizens of the potential advantages of the digital Euro, with its European counterparts to present the CBDC.
Spain to Implement DAC8 Crypto Directive – Here’s What it Means
The Euro nation will release the full Implementation of DAC8, which gives for automatic exchange of information on crypto-assets among EU nations.
Beginning from Jan 1, 2026, exchanges and crypto provider must automatically report user transactions, balances, and movements to EU tax authorities.
“From 2027 onwards, we will have records on all transactions accomplished during 2026,” stated José Antonio Bravo Mateu, a specialist in digital asset taxation. “It will be nearly entire information,” he brought.
As per the professional, DAC8 will substantially extend the scope of information, which could be “much greater than what’s requested from a bank.”
“From January 1, 2026, when 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 detention by a Spanish-authorized entity like Binance Spain SL, the provider issuer have to report directly to the Spanish Tax Agency using obligatory Forms 172 and 173, with balances and transactions achieved this year.
Last month, the Spanish Sumar Parliamentary Group recommended proposed three amendments to crypto tax laws, which includes guidelines that crypto gains must be taxed beneath the Corporate Income Tax at 30%.
