Skip to content
V0215-24 ·27 February 2024 ·consulta-vinculante Medium impact
Tax

Clients must be identified in crypto operations regardless of amount

A crypto exchange agent asks whether client identification is required for transactions below €1,000. The DGT confirms that identification is mandatory for reporting purposes, irrespective of transaction value.

In 6 key points

How it affects those involved

Entities operating crypto currency exchange services must identify customers in all transactions, regardless of amount, to comply with reporting obligations.

Lifecycle

2024-02-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact