Germany is ramping up pressure on crypto investors to properly report their profits this year, with new European rules requiring exchanges to share user info with the state.

What’s more, tax offices across the Federal Republic have been improving their expertise in the field and are now employing special tools to track down evaders and their assets.

Germany implements latest EU regulations in crypto taxation

The times when cryptocurrency holders could keep their operations secret and conceal income from the German government are coming to an end, the local press reported.

This year’s tax season brings changes that should make investors more diligent when filling out their tax returns, as authorities become more capable of verifying…