Spain Custodial Wallet — Compliant Development
Launch a custodial wallet in Spain with compliance controls mapped to CNMV/BdE and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Spain · Custodial Wallet
Spain supervises crypto-asset service providers under MiCA through CNMV and Banco de España (CNMV/BdE). Firms offering exchange, custody, advisory, or other CASP services must obtain authorization and meet prudential, governance, and AML requirements before serving clients in the EU.
| Jurisdiction | Spain |
|---|---|
| Regulator | CNMV/BdE |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- Implement strong KYC verification processes for wallet users.
- Ensure AML compliance through transaction monitoring and reporting.
- Utilize secure key management practices to protect user assets.
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What compliance features are necessary for a custodial wallet?
- You need KYC, AML, and secure storage solutions for user assets.
- How does MiCA affect custodial wallets?
- Custodial wallets must comply with MiCA regulations to operate legally in Spain.
- Can I customize my custodial wallet solution?
- Yes, we offer customizable software solutions to meet your specific needs.