Spain's 2026 crypto rules to mandate full transaction reporting under MiCA and DAC8

Spain plans to fully implement the EU's MiCA framework by mid-2026 and apply the DAC8 directive from 1 January 2026, requiring detailed reporting of all crypto transactions. Firms that do not secure European licenses by 1 July 2026 must cease Spanish operations, while U.S. policymakers are considering allowing federal tax payments in Bitcoin without capital gains. These changes are expected to sharply increase oversight of centralized platforms and push Spanish market participants to defend the remaining avenues of legal privacy.