European Union ( EU), crypto servicesIt introduces a new rule requiring companies that submit transactions to submit their transactions to tax authorities.
Fraud, bankruptcy and customer grievances in the crypto industry have taken a place on the agenda. Cryptocurrency exchanges in particular attracted attention with their transactions with customer assets. FTX, one of the world’s largest cryptocurrency exchanges, used client assets as collateral to save Alameda. In addition, many fraudulent methods negatively affect crypto investors. After these processes EUstarted to carry out various studies in order to protect investors. EUAnother move came from companies that offer crypto services.
EU Focused on Companies Offering Crypto Services
European Union ( EU), tax evasionand fraudIt carries out new studies in order to prevent such negativities. EU, crypto-will focus on companies that offer services.
on commissionThe new offering is available in all sizes and geographic locations. crypto servicescompanies that offer. According to the offer, crypto service companies EUbased customers will have to report their transactions to the tax authorities. Commissionof the new rules January 1, 2026It aims to enter into force on
EUIn a statement from “Tax authorities currently do not have the necessary information to track revenues using crypto assets that are easily traded across borders.” statements were included. Moreover EUreferring to these factors EU citizensimportant taxlost revenue stated.