EU Crypto Firms Will Have to Provide User Details to Tax Authorities Starting in 2026
Starting in 2026, crypto firms in Europe will be required to provide financial details of their account holders to tax authorities in an effort to combat tax evasion. The European Union's finance ministers have unanimously approved rules that will include crypto assets in the existing framework for exchanging data between tax authorities. This move aims to track criminal funds denominated in cryptocurrencies and contribute to financial stability and the fight against terrorism financing and money laundering.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
EU Crypto Firms Will Have to Provide User Details to Tax Authorities Starting in 2026
Starting in 2026, crypto firms in Europe will be required to provide financial details of their account holders to tax authorities in an effort to combat tax evasion. The European Union's finance ministers have unanimously approved rules that will include crypto assets in the existing framework for exchanging data between tax authorities. This move aims to track criminal funds denominated in cryptocurrencies and contribute to financial stability and the fight against terrorism financing and money laundering.