End of Offshore Crypto Hiding: Why Global Tax Rules Now Expose Your Unreported Gains
Imagine holding cryptocurrency worth hundreds of millions, grown from early investments, but never telling the tax office a thing. One day, you fear a knock on the door. This real story shows the
What Changed? The Rise of Global Crypto Tax Tracking
Cryptocurrency started as a way to move money without banks or governments watching. Bitcoin launched in 2009, and many held coins offshore, thinking they stayed private. But times change. Tax agencies in the US, Europe, and beyond now have tools to see your offshore crypto.
The big shift comes from the Crypto Asset Reporting Framework (CARF). This new system started in many countries…
