Global Crackdown Intensifies as Governments Expand Crypto Tax Powers

[etfs]

Tax agencies worldwide are stepping up enforcement as digital assets become more mainstream.
South Korea has begun seizing crypto stored in cold wallets and conducting in-home searches for hardware devices in suspected evasion cases.
Spain’s Sumar party is pushing for a 47% top tax rate on crypto gains, while Switzerland has delayed its first automatic exchange of crypto tax data until 2027 as it finalizes partner countries.
The trend signals a global shift toward stricter oversight of digital assets.

[Nahid Hossen]

Governments tightening tax control shows crypto is too big to ignore now.