Accelerating Crypto Regulation
The European Commission has ramped up enforcement efforts, launching infringement procedures against 12 EU countries that have not yet integrated crypto tax transparency rules into their national legislation.
This step aims to ensure consistent implementation of new tax regulations across all member states, boosting transparency and compliance in crypto transactions.
List of Affected Countries
The named countries include:
- Belgium
- Bulgaria
- Czech Republic
- Estonia
- Greece
- Spain
- Cyprus
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
Key Points of the New Regulation
The action is based on the EU Directive (EU) 2023/2226, which updates the framework for tax cooperation, requiring crypto asset service providers to fulfill enhanced reporting and data-sharing obligations, strengthening cross-border oversight.