The Spanish Ministry of Economy and Digital Transformation has announced that the Markets in Crypto Assets (MiCA) Act, the first comprehensive crypto framework in the European Union, will be implemented on a national level in December 2025. This move aims to provide legal certainty and greater protection for Spanish investors in crypto assets. Spain is also seeking to shorten the transition period for implementing MiCA from 36 months to 18 months. In line with these developments, large international crypto exchanges such as Coinbase and Kraken have obtained local licenses and regulatory approvals in Spain. Additionally, Banco de España, the country’s central bank, has expressed support for the potential benefits of a digital euro, highlighting the limitations of physical cash in the digital age. These initiatives reflect Spain’s commitment to embracing the opportunities presented by digitalization and ensuring a secure and regulated environment for crypto assets.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇪🇸 |
| Sentiment | positive |
| Relevance Score | 1 |
| People | Nadia Calvino, Verena Ross |
| Companies | Banco de España, Kraken, Coinbase, ESMA, Crypto.com |
| Currencies | None |
| Securities | None |
