The crypto market is undergoing an unprecedented transparency transformation. The previously gray area outside of regulation is now being incorporated into the global tax framework.

As an analyst who has observed this industry for many years, I have witnessed the entire process of crypto moving from niche to mainstream, from unmanaged to layered regulation. The EU's recent move is considered a turning point.

By 2026, the EU will fully implement comprehensive monitoring of crypto taxation. Every transaction and transfer you make will be recorded.

**From MiCAR to DAC8: How Regulations Are Gradually Tightening**

The EU's regulatory actions are happening faster than expected. The MiCAR, which takes effect in 2024, establishes unified rules for crypto asset issuers and service providers. By January 1, 2026, the DAC8 directive will be fully implemented—this is the real game-changer.

What is DAC8's killer feature? It incorporates crypto assets into the EU's automatic exchange of tax information framework. All crypto asset service providers (RCASPs) operating within the EU must do this: collect user information, report transaction details, and automatically report to tax authorities. This data will then seamlessly flow between tax agencies of EU member states.

The specific timeline is as follows: the first information exchange is scheduled to be completed by September 30, 2027, covering transaction data from the entire year of 2026. In other words, all your crypto transactions in 2026 will be known to tax authorities across countries by 2027.

**This is not an isolated action by the EU**

It is worth noting that the EU is not acting alone. This is part of a global trend toward tax transparency, with the Organisation for Economic Co-operation and Development (OECD) playing a significant role. Countries are moving in the same direction—an era of crypto asset taxation has arrived.