EU prepares tougher oversight for crypto operators
Privacy concerns are rising as regulators gain deeper insight into wallet flows, user activity and platform operations through expanded reporting and travel rule requirements.
EU regulators are preparing for a significant shift in crypto oversight as new rules take effect on 1 January 2026. Crypto providers must report all customer transactions and holdings in a uniform digital format, giving tax authorities broader visibility across the bloc.
The DAC8 framework brings mandatory cross-border data sharing, a centralised operator register and unique ID numbers for each reporting entity. These measures aim to streamline supervision and enhance transparency, even though data on delisted firms must be…
