Is cryptocurrency legal in Spain?｜, but the government has outlined rules for companies that address advertising, taxation, compliance with AML policies, and the designation of crypto assets. Royal Decree 7/2021 regulates custodian services and crypto-to-fiat currency exchange.Cryptocurrencies are largely unregulated in Spain

Is cryptocurrency legal in Spain? This is a question that many investors and enthusiasts often ponder. While the answer is yes, cryptocurrencies are indeed legal in Spain, the regulatory framework surrounding them remains relatively loose. The government has, however, outlined certain rules and regulations for companies dealing with cryptocurrencies, particularly in terms of advertising, taxation, compliance with anti-money laundering (AML) policies, and the designation of crypto assets. Royal Decree 7/2021 specifically regulates custodian services and crypto-to-fiat currency exchange, providing a certain level of clarity and guidance for those operating in this space. Despite these efforts, it's worth noting that cryptocurrencies are still largely unregulated in Spain, leaving room for further clarification and potential changes in the future.