Is Bitcoin Legal in Spain?
Yes. Bitcoin is legal in Spain, and since 1 July 2026 crypto platforms need a MiCA licence from the CNMV.
Legal and regulated · facts checked November 2026 · bitcoin is $77,618 today
| Status | Legal and regulated |
|---|---|
| Regulator | CNMV (Comisión Nacional del Mercado de Valores); Banco de España keeps the legacy AML register |
| Main law | MiCA (EU Reg. 2023/1114), applied via Ley 6/2023 de los Mercados de Valores y de los Servicios de Inversión; 18-month transitional period ended 1 July 2026 |
| Exchanges | Yes: MiCA CASP authorisation from the CNMV (or an EU passport); providers registered with the Banco de España could operate until 1 July 2026. |
| Paying with bitcoin | Not legal tender (euro only); merchants may accept it voluntarily. |
| Banks | Yes; banks may serve or partner with licensed CASPs, and credit institutions can offer crypto services after notifying the regulator (MiCA Art. 60). |
| Tax | Gains are taxed as savings income at 19–30% (30% above €300,000 since 2025); crypto held abroad over €50,000 must be reported on Modelo 721 (Agencia Tributaria). |
| Mining | Allowed (no specific restrictions). |
| Recent change | 1 July 2026: the MiCA transitional period ended (Spain chose the full 18 months, not the 12 first announced). In Nov 2025 coalition party Sumar proposed taxing crypto gains at up to 47%; this had not been enacted as of late 2026. |
Bitcoin in Spain: FAQ
Is bitcoin legal in Spain?
Yes: bitcoin is legal in Spain, and since 1 July 2026 crypto platforms need a MiCA licence from the CNMV.
Is bitcoin legal tender in Spain?
Not legal tender (euro only); merchants may accept it voluntarily.
How is bitcoin taxed in Spain?
Gains are taxed as savings income at 19–30% (30% above €300,000 since 2025); crypto held abroad over €50,000 must be reported on Modelo 721 (Agencia Tributaria).
Who regulates crypto in Spain?
CNMV (Comisión Nacional del Mercado de Valores); Banco de España keeps the legacy AML register. Yes: MiCA CASP authorisation from the CNMV (or an EU passport); providers registered with the Banco de España could operate until 1 July 2026.
Is bitcoin mining legal in Spain?
Allowed (no specific restrictions)..
Other Countries Where Bitcoin Is Legal And Regulated
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