Spain to fully implement MiCA and DAC8 crypto regulations by 2026
In 2026, Spain will fully implement the MiCA and DAC8 laws, tightening the regulation of the cryptocurrency market. Starting July 1, MiCA will require all crypto service providers to obtain licences, while from January 1, DAC8 will mandate the sharing of user transaction and balance data with EU tax authorities.
Source Сriptonoticias
These laws aim to increase transparency and security in the cryptocurrency market as well as strengthen oversight of financial flows. This will help combat money laundering and tax evasion.
The new regulations are expected to significantly impact the operations of crypto platforms and provide a safer, more regulated environment for users. Other EU countries are also likely to follow suit with similar measures.
