Crypto Tax Reporting Launches in January
The European Union’s DAC8 tax transparency law for crypto assets takes effect Jan. 1, requiring providers to report user data to tax authorities, with penalties for non-compliance. #Update #Crypto $BTC $ETH
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EU Transfers Crypto Oversight to Markets Authority
The European Commission proposed transferring cryptocurrency oversight from individual countries to the European Securities and Markets Authority (ESMA) to unify regulatory approaches across the EU. #Update #Crypto $BTC
Crypto Markets Demand Stronger EU Oversight
Market regulators in France, Austria, and Italy urge the EU to strengthen crypto oversight under MiCA, citing enforcement discrepancies and proposing direct ESMA supervision for major providers. #Update #Crypto
Crypto Gains Boost from China EU Actions
Matthew Sigel from @VanEck suggests China and EU retaliation to US tariffs could enhance Bitcoin’s role in energy trade, impacting $BTC adoption. #Update #Crypto $BTC (+3) ↗
OKX Halts DEX Operations Post-Regulatory Talks
@OKX temporarily suspends its DEX aggregator after consulting regulators due to misuse by the Lazarus Group, following a $1.4 billion hack linked to Bybit. #Breaking #Security $ETH (-9) ↘
Crypto Milestone Etoro Secures EU Permit
@eToro’s EU subsidiary, Etoro (Europe) Ltd, received a permit from the Cyprus Securities Exchange Commission to offer crypto services under MiCA across the EU. #Update #Legal (+6) ↗
Crypto Turmoil: MiCA Sparks Tether Delistings
Bitcoin.com: The EU’s MiCA regulations led exchanges to delist @Tether_to’s $USDT, sparking debate on benefits for issuers and users. #Update #Legal $USDT (-3) ↘
Tether Overcomes MiCA Hurdles with Hadron
CryptoSlate: @Tether_to highlights its Hadron platform and investment in @Quantoz amid USDT delistings under MiCA, emphasizing regulatory compliance and innovation. #Update #Crypto $USDT (-4) ↘
Crypto.com Delists USDT for MiCA Compliance
@cryptocom delists $USDT and nine other tokens to comply with MiCA regulations, offering users until March 31 to withdraw assets before automatic conversion. The move follows regulatory approval from the Malta Financial Services Authority. #Update #Legal $USDT (-4) ↘