EU Commission turns up heat on crypto compliance gaps
The European Commission, the executive arm of the European Union, has called on member states to fully implement the new tax transparency and information exchange rules on crypto-assets, saying it will send formal notices to 12 countries for failing to do so, which came into force on January 1.
Meanwhile, in a separate notice, the Commission requested a response from Hungary on its failure to comply with the EU’s Markets in Crypto-Assets (MiCA) regulation, after the country passed an amendment…
