The European Union (EU) is ready to implement DAC8 for crypto tax transparency. What is DAC8, you ask? The Directive on Administrative Cooperation is a comprehensive directive that will fundamentally change how crypto transactions are monitored and taxed. DAC8 was adopted by the council of EU in October 2023. Now, starting 1 January 2026, crypto exchanges will be required to collect and report detailed user and transaction data to national tax authorities. However, companies have been granted six months, ...