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Learn moreThe rules are proposed to be effective January 1, 2026.
The government launched a public consultation on a draft bill implementing EU Directive 2023/2226 (DAC8), imposing new reporting, due diligence, and registration obligations on cryptoasset service providers effective January 1, 2026.
The obligations under the bill include reporting information related to the identity and tax residence of cryptoasset users, as well as certain transactions involving such assets, which will subsequently be exchanged with the relevant EU member states.
Read an October 2024 report prepared by the KPMG member firm in Spain
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