Is Nexo available in Spain?
Nexo serves residents of Spain as a custodial crypto platform, offering its crypto backed credit line, in app Exchange, and the Nexo Card for residents of the European Economic Area. The Spanish competent authority for crypto asset service providers under the EU Markets in Crypto Assets framework is the Comisión Nacional del Mercado de Valores (CNMV).
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
Yes. As of 26 June 2026, Nexo is available to residents of Spain and offers a custodial account with a crypto backed credit line, an in app Exchange for swaps, savings features, and the Nexo Card for eligible European Economic Area residents. Crypto asset services in Spain are supervised under the EU Markets in Crypto Assets framework by the Comisión Nacional del Mercado de Valores alongside the Banco de España, and reporting in June 2026 indicated Nexo set up a Markets in Crypto Assets compliant structure supervised by the German regulator BaFin that can be passported across the European Union, so confirm the current authorisation before acting.
Availability for Spain residents
As of 26 June 2026, Nexo is reachable by residents of Spain and lists Spain among the European Economic Area countries it serves, including for the Nexo Card. The Spanish competent authority for crypto asset service providers is the Comisión Nacional del Mercado de Valores (CNMV), working alongside the Banco de España. Holding, buying, and selling crypto is legal in Spain for residents, and the open question on this page is the authorisation status of the Nexo platform rather than whether owning crypto is allowed.
Across the European Union, crypto asset service providers are now expected to operate under the Markets in Crypto Assets (MiCA) framework, either through a national authorisation or by passporting an authorisation held in another member state. Public reporting in June 2026 indicated that Nexo established a Markets in Crypto Assets compliant structure supervised by the German Federal Financial Supervisory Authority (BaFin), effective early June 2026, having previously held no such authorisation. Under the passporting regime, an authorisation granted in one member state can allow a provider to serve clients across the European Union, including Spain.
Because this position is recent and can change, treat the precise scope of products offered to Spanish residents as something to confirm on the Nexo platform and with the Comisión Nacional del Mercado de Valores. Some Nexo products, such as the Nexo Card, are limited to residents of the European Economic Area and the United Kingdom, while other features can vary by jurisdiction. The status on this page is stated as of 26 June 2026.
Access, KYC, and products
Nexo is a custodial platform, which means it holds the assets in your account on your behalf rather than giving you the private keys. Spanish users typically open an account through the Nexo app or website, complete identity verification (know your customer, or KYC) using a government issued identity document, and fund the account by transferring crypto from another wallet or by buying crypto with a bank card.
The core products available to eligible European users include a crypto backed credit line, which lets a user borrow against crypto held as collateral without selling it, an in app Exchange for swapping one asset for another, and savings or yield features whose availability depends on local rules. The Nexo Card, a Mastercard issued for residents of the European Economic Area and the United Kingdom, lets eligible users spend from their balance or borrow against it.
The exact product mix offered to a given country depends on local rules and on the authorisations Nexo holds. Availability of specific features can therefore differ between Spain and other markets, so confirm what is offered to Spanish residents on the platform itself before funding an account. This page describes general availability and does not recommend any product.
How crypto is taxed in Spain
Crypto is taxable in Spain, administered by the Agencia Estatal de Administración Tributaria, known as the Agencia Tributaria. In general terms, gains realised by a private individual on the disposal of crypto are treated as savings income and taxed under progressive bands that ran from 19 percent up to 28 percent for the largest gains as of 26 June 2026, while specific treatment depends on personal circumstances.
Rates, bands, and reporting duties change, so confirm the current treatment with the Agencia Tributaria or a qualified adviser, and note that holding crypto on a platform based outside Spain can carry separate informational reporting duties, for example the Modelo 721 declaration of virtual assets held abroad. See the Spain crypto tax page for a fuller explanation. This is general information, not tax advice.
Several major platforms serve residents of Spain under the European Union Markets in Crypto Assets framework. Availability and products vary, so compare the exchanges that are genuinely available in Spain before you choose.
Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.
Regulator and sources
The Spanish regulator for crypto asset services is the Comisión Nacional del Mercado de Valores (CNMV), with the Banco de España, operating under the EU Markets in Crypto Assets framework. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- Comisión Nacional del Mercado de Valores (CNMV), registers and guidance on crypto asset service providers under the Markets in Crypto Assets framework.
- European Securities and Markets Authority (ESMA), the register of authorised crypto asset service providers across the European Union.
- Nexo Help Center, the page on the jurisdictions in which its products are available and the countries served by the Nexo Card.
- Reporting in June 2026 that Nexo established a Markets in Crypto Assets compliant structure supervised by the German Federal Financial Supervisory Authority (BaFin).
Frequently asked questions
Is Nexo available in Spain?
Yes. As of 26 June 2026, Nexo serves residents of Spain, offering a custodial account with a crypto backed credit line, an in app Exchange, savings features, and the Nexo Card for eligible European Economic Area residents. Confirm the current product scope on the Nexo platform and with the Comisión Nacional del Mercado de Valores.
Does Nexo hold an EU crypto authorisation?
Reporting in June 2026 indicated Nexo established a Markets in Crypto Assets compliant structure supervised by the German Federal Financial Supervisory Authority (BaFin), having previously held no such authorisation. Under the EU passporting regime such an authorisation can allow a provider to serve clients across the European Union, including Spain. Verify the current status on the European Securities and Markets Authority register.
Is the Nexo Card available in Spain?
Yes. Spain is part of the European Economic Area, and Nexo lists Spain among the countries eligible for the Nexo Card. Physical card issuance has at times been paused, so check the current position in the Nexo app.
Is it legal to use crypto in Spain?
Yes. Holding, buying, and selling crypto is legal for residents of Spain, supervised under the EU Markets in Crypto Assets framework by the Comisión Nacional del Mercado de Valores alongside the Banco de España. The open question on this page is the authorisation of the Nexo platform, not whether owning crypto is allowed.
How are Nexo gains taxed in Spain?
Spain taxes gains on the disposal of crypto by individuals as savings income, with progressive rates that ran from 19 percent to 28 percent as of 26 June 2026, administered by the Agencia Tributaria. Holdings on foreign platforms can carry separate reporting duties such as the Modelo 721. See the Spain crypto tax page. This is general information, not tax advice.
Where can I confirm the current position?
Check the Comisión Nacional del Mercado de Valores registers and notices, the European Securities and Markets Authority register of crypto asset service providers, and Nexo's own Help Center. Those primary sources are the most current way to confirm availability before acting.
Rules change frequently. Exchange availability and authorisations can change at short notice, and Nexo's European position is developing around the Markets in Crypto Assets transition, with reporting in June 2026 that it set up a structure supervised by the German Federal Financial Supervisory Authority. The position on this page is dated 26 June 2026. Confirm the current status with the Comisión Nacional del Mercado de Valores and the platform before you act.
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