Spain is governed by EU MiCA plus the CNMV's crypto-asset advertising rules, which impose specific requirements on mass-market crypto promotions and influencer marketing.
Licensing authority: Comisión Nacional del Mercado de Valores (MiCA)
Key facts
- MiCA entered into application: 30 December 2024
- EU transitional (grandfathering) period ends: 1 July 2026
- CASP-authorised exchanges EU-wide (as of May 2026): 14 centralised exchanges hold full CASP authorisation, out of ~204 entities authorised across all service categories
- National advertising authority: Comisión Nacional del Mercado de Valores (CNMV) — crypto-asset advertising rules for mass-market promotions and influencer marketing
- Binance / Bybit / KuCoin CASP status: Updated 09/07/2026: Bybit and KuCoin now hold full MiCA CASP authorisation via Austria's FMA, confirmed on the ESMA CASP register — KuCoin EU was separately subject to an FMA new-business ban (19/02/2026–18/05/2026) over AML-staffing gaps and remained operationally restricted per the FMA's own release; verify current status before relying on it. Binance remains PENDING.
Regulatory timeline
- — MiCA entered into application EU-wide.
- — EU MiCA transitional (grandfathering) period ends; unauthorised CASPs must cease services to EU clients.
Frequently asked questions
Is crypto legal in Spain?
Yes, under EU MiCA, in application since 30 December 2024, with the EU-wide transitional period ending 1 July 2026.
Who enforces crypto advertising rules in Spain?
The Comisión Nacional del Mercado de Valores (CNMV) imposes specific rules on mass-market crypto promotions and influencer marketing, on top of MiCA.
Does Exchange Atlas show monetised listings for Spain?
No — promotion in the EU is restricted, not free, so we show no monetised listings and keep this as an information-only regulatory guide.