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.
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Ser_Liquidated
· 23h ago
In 2026, the EU will start collecting tax IDs... Now there's really no way to escape.
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ProbablyNothing
· 01-07 21:58
Here they come again, the EU is starting to target us, now we really have to pay taxes.
Wait, can they freeze my withdrawals? Is that legal?
Next year, they'll start collecting tax data, I need to find a way quickly.
DAC8... feels like it's going to blow up the entire European exchange.
Those who ran early made money, but now it's too late to realize.
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MerkleMaid
· 01-07 21:57
Will the EU start requiring tax IDs in 2026? Uh... needing both real-name verification and tax forms, there's really nowhere to hide this time.
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SignatureDenied
· 01-07 21:54
Next year, the EU will start tax investigations. European friends need to hurry up and organize their data.
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NFTRegretDiary
· 01-07 21:34
In 2026, the EU will really start taxing, it feels like there are no secrets left in the crypto world.
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.