In December 2025, according to the Spanish Ministry of Economy and Digital Transformation, the first comprehensive European Union crypto framework, the Markets in Crypto Assets (MiCA) Act, will enter into force at the national level.
According to a Ministry press release dated October 26, the first vice president of Spain, Nadia Calvino, has met with the president of the European Securities and Markets Authority (ESMA), Verena Ross, to discuss the government’s intention to expedite the implementation of MiCA.
The general deadline for all 27 EU member states to implement MiCA is July 2026. It includes the 36-month transitional period granted to member states as of the MiCA’s publication in the Official Journal of the European Union in June 2023.
The same regulatory approval was granted to Crypto.com in June. This month, Spain’s central bank, Banco de Espana, joined the chorus of European banking institutions preparing their customers for the potential advantages of a digital euro.