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EU's 'DAC8' Crypto Tax Rule Starts Jan 1, Empowering Asset Seizures
EconomyEN
EU's 'DAC8' Crypto Tax Rule Starts Jan 1, Empowering Asset Seizures

Starting January 1, 2025, the EU's DAC8 directive mandates crypto exchanges to report user data to tax authorities. Non-compliance could lead to penalties and even asset seizure for users.