<div class="coinjournal">
 <ul>
  <li>Spain fast-tracks MiCA Act to December 2025, ahead of EU deadline.</li>
  <li>Spain aims to boost legal security and protection for Spanish crypto investors.</li>
  <li>Leading global exchanges have secured regulatory green light in Spain.</li>
 </ul>
 <p><a rel="noopener noreferrer nofollow" title="Spain" href="https://thebittimes.com/tag/spain.html">Spain</a> is set to take the lead in <a rel="noopener noreferrer nofollow" title="implement" href="https://thebittimes.com/tag/implement.html">implement</a>ing the European Union’s comprehensive cryptocurrency regulatory framework, the Markets in Crypto-Assets (MiCA) Act, <a rel="noopener noreferrer nofollow" title="ahead" href="https://thebittimes.com/tag/ahead.html">ahead</a> of the general <a rel="noopener noreferrer nofollow" title="deadline" href="https://thebittimes.com/tag/deadline.html">deadline</a> for all 27 EU member states.</p>
 <p>This bold move aims to provide legal certainty and enhanced protection for Spanish investors involved in cryptocurrencies.</p>
 <h2 id="spain-to-implement-mica-by-december-2025">Spain to implement MiCA by December 2025</h2>
 <p>The Spanish Ministry of Economy and Digital Transformation announced that the MiCA Act will come into force at a national level in December 2025. This is six months earlier than the EU’s general deadline of July 2026.</p>
 <p>The accelerated timeline will reduce the transitional period from 36 months to just 18 months for Spain.</p>
 <p>The decision was made following a meeting between <a rel="noopener noreferrer nofollow" title="Spain" href="https://thebittimes.com/tag/spain.html">Spain</a>’s first vice president, Nadia Calviño, and the president of the European Securities and Market Authority, Verena Ross. <a rel="noopener noreferrer nofollow" title="Spain" href="https://thebittimes.com/tag/spain.html">Spain</a>’s goal is to expedite the <a rel="noopener noreferrer nofollow" title="implement" href="https://thebittimes.com/tag/implement.html">implement</a>ation of MiCA, ensuring Spanish investors enjoy increased security and regulatory oversight in the crypto sector.</p>
 <h2 id="crypto-exchange-developments-in-spain">Crypto exchange developments in Spain</h2>
 <p>In parallel to this regulatory move, several international cryptocurrency exchanges have made significant strides in <a rel="noopener noreferrer nofollow" title="Spain" href="https://thebittimes.com/tag/spain.html">Spain</a>.</p>
 <p>Coinbase secured an Anti-Money Laundering compliance registration from Spain’s central bank, adding an extra layer of scrutiny and security for its operations.</p>
 <p>Kraken also obtained a virtual asset service provider registration, reinforcing the exchange’s commitment to regulatory compliance. These actions demonstrate Spain’s dedication to ensuring robust AML and investor protection measures in the cryptocurrency space.</p>
 <p>Moreover, Spain’s central bank, Banco de España, has joined other European financial institutions in exploring the advantages of a digital euro.</p>
 <p>The central bank has expressed its belief that the digitalization of the economy and society requires a digital currency to fully exploit its benefits. This aligns with the broader trend of central banks worldwide exploring digital currencies as a means to stay relevant and efficient in an increasingly digital financial landscape.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/spain-to-implement-mica-six-months-ahead-of-eu-deadline-tbt68453.html">https://thebittimes.com/spain-to-implement-mica-six-months-ahead-of-eu-deadline-tbt68453.html</a></p>

Spain to implement MiCA six months ahead of EU deadline

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TheBitTimes

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