Spain's political party Vox has called for Spain to stop processing a law that would replace the European directive DAC8, which would increase surveillance and allow the seizure of Bitcoin (BTC) and other digital assets.
Vox spokesperson, politician and lawyer María José Milan, registered the complete amendment in Congress on October 3, 2025. With this, she is asking Congress to return the government and therefore stop processing this project. force a series of changes in tax law That applies to the cryptocurrency sector.
The party claims that if there is a technical justification, the PSOE (Spanish Socialist Workers' Party) could sneak in a “fusion of foreign amendments” and implement “genuine tax reform”, as happened with the Global Minimum Tax Law, which introduced taxes on e-cigarettes.
This comes as Spain accelerates its regulatory adaptation to the European DAC8 Directive, which will be approved by the European Parliament in September 2023 and enter into force in the European Union in January 2026.
In this regulation, Bitcoin and Cryptocurrency Service Providers Declare Client Dataestablishes greater control over these assets and facilitates their foreclosure by taxpayers.
The Spanish Council of Ministers has already approved a draft law to amend the National Tax Code and adapt it to these new guidelines.
Now, according to a report from the European Press Agency, Mr. Millan stressed in parliament, “The Vox parliamentary group will not join this corrupt government. This process will be used to introduce amendments to implement the agreement to keep the government in existence.''
Box members fear that “harmless” legislation could serve as a vehicle for fiscal reform or hidden concessions, exacerbating the crisis of trust in government agencies. This reflects Spain's political polarization, where technical procedures have become politicized. If the Vox amendment is approved, the law will be returned to the government without progress.
Impact of regulations in Spain
This regulation amends the general tax law and affects taxes on income, corporations, non-residents, assets, inheritances, and donations. Reconfirming the possibility of embargoing of crypto assets.
However, experts such as José Antonio Bravo point out, as CriptoNoticias reported in 2024, that “the Treasury Department can already effectively seize funds in digital assets entrusted to service providers. What the transposition of DAC8 does is reaffirm the possibility of seizure without the supplier being able to refuse on the grounds that they are not within the legal premises.”
Bravo clarified that it is important to distinguish that these laws apply to crypto assets on centralized exchanges, whereas self-custodial digital assets remain unseizable because “ownership restrictions cannot be enforced.”
DAC8 aims to “limit anonymity in Bitcoin and cryptocurrency transactions to prevent users from evading tax authorities,” in accordance with the guidelines of the Crypto Asset Market Regulation, which will be in force from the end of 2024. EU countries have until 31 December 2025 to adapt their regulatory frameworks.
