EU cracks down on crypto tax compliance

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The European Commission is sending formal notices to 12 EU countries—including Belgium, Spain, the Netherlands, and Poland—for failing to fully implement crypto tax reporting rules.

Member states have two months to comply, or the Commission may escalate with a reasoned opinion. The move aligns with OECD standards and aims to curb tax fraud, evasion, and avoidance in digital assets.

[johnblockbuster]

imagine being a trader in hungary right now, one law change and half your services go offline