MEXC in Spain 2026: CNMV Regulations & EUR Trading Guide

Spain regulates crypto through the CNMV (National Securities Market Commission) and Banco de España, with EU MiCA regulations also now applicable. Spain requires crypto advertising to include risk warnings. Mandatory reporting of crypto holdings via Modelo 721 for assets over €50,000 held abroad applies to Spanish residents. MEXC is accessible but not CNMV-registered.

Spain implemented strict crypto advertising regulations in 2022 requiring CNMV notification before any crypto advertising campaigns and mandatory risk warnings. MEXC is accessible in Spain but is not registered with CNMV, meaning it operates outside Spanish regulatory oversight.

Spanish regulators have been increasingly focused on consumer protection in crypto. The CNMV has published guidance warning about risks of using unregistered crypto platforms. Spanish users should understand that MEXC funds are not protected under Spanish or EU MiCA investor protection schemes.

Spain has comprehensive crypto tax requirements. Trading gains are taxed as savings income at rates from 19%-28% depending on amount. Crypto-to-crypto swaps are taxable events in Spain. All crypto holdings must be declared in the annual income tax return (IRPF).

The Modelo 721 is particularly important for Spanish MEXC users — this annual declaration requires reporting all cryptocurrency holdings on foreign platforms exceeding €50,000 in total value as of December 31 each year. Failure to file Modelo 721 when required can result in substantial penalties. The deadline is the first quarter of the following year.

Bizum is Spain's popular instant payment app used by Spanish MEXC P2P participants, making EUR deposits fast and convenient.

MEXC is fully localized in Spanish (Español), covering the trading interface, mobile app, documentation, and customer support. Spain and Latin American users share the Spanish-language interface, making MEXC one of the more accessible international exchanges for Spanish speakers globally.

The Spanish-speaking MEXC community is active across Latin America and Spain, with vibrant Telegram and YouTube communities producing Spanish-language content on MEXC features and trading strategies.

Spanish users fund MEXC primarily through SEPA bank transfers via P2P trading. Bizum — Spain's nationwide instant payment network — is also popular for P2P transactions, especially for smaller amounts. Bizum is linked directly to Spanish bank accounts and enables instant transfers.

The EUR P2P market on MEXC is well-supplied during European hours, with SEPA being the standard for larger deposits and Bizum for quick, smaller transactions.