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Starting January 1, 2026, EU exchanges will begin collecting user tax identification data as part of DAC8 compliance requirements. Platforms must request this information from account holders, with two formal reminders followed by a 60-day grace period before enforcement kicks in. After this window, exchanges are permitted to restrict trading and block withdrawals to self-custody wallets for non-compliant users. Complete regulatory reports must be submitted by September 2027. This marks a significant shift in how platforms manage cross-border crypto activity within European jurisdiction.