TL;DRSpain introduced new reporting obligations for cryptocurrencies in 2026 to increase tax transparency.Exchanges and custodians must report user balances and operations to the tax authorities using forms 172 and 173.Investors with more than €50,000 in cryptocurrencies abroad must file form 721.The new rules are aligned with European regulations and the DAC8 directive.Users must keep clear records of their operations to correctly declare their taxes.
Operating on professional platforms like the WEEX exchange can facilitate access to the global crypto market.