🇬🇧 From January 1, 2026, the European directive DAC 8 will come into effect. It imposes an obligation on all European cryptocurrency platforms to automatically transmit information regarding their users' accounts and transactions to tax authorities.
👉 Specifically, the French tax authorities will have access to all your cryptocurrency transactions conducted on European platforms.
👉 Until now, this data was only transmitted in cases of suspected money laundering or terrorist financing. The goal now is to combat fraud and tax evasion.
🚨 Experts warn of an increased risk of data leaks, and consequently, threats to user security (robberies, kidnappings).