2026-01-04 06:27:12

While people are still immersed in the New Year's Eve atmosphere during the holiday, the cryptocurrency market staged a thrilling drama. Bitcoin plummeted from $89,000 to $87,000, and over $228 million in liquidations occurred within just 24 hours, with more than 160,000 investors caught off guard.

What is the real driving force behind this turbulence? The answer may be deeper than you think.

**Global 48 Countries Take Simultaneous Action**

January 1, 2026, a seemingly ordinary date, marks a watershed moment for the crypto asset market. The OECD(OECD) launched the CARF framework, which is now being implemented by 48 countries and regions, including the UK and the EU. This is not a mild policy but a comprehensive global regulatory net.

**The Era of Data Transparency Has Arrived**

Under this framework, crypto service providers are required to collect detailed user information such as tax identification, country of residence, and tax number. Even more concerning, this data must be reported annually to the tax authorities of each country. In other words, starting from 2027, your transaction records and account balances will be accessible to tax agencies worldwide.

For investors in the EU region, this means that the previously relatively private trading methods are now a thing of the past. Want to trade on legitimate platforms? Be prepared for regulatory authorities to have a clear view of your activities.

**Market Vulnerability Is Exposed**

This New Year's flash crash is, to some extent, a preemptive reaction of the market to this major regulatory shift. Leveraged investors and short-term traders are always the first to run when policy expectations change.

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OnChainArchaeologist

· 01-07 06:06

Wow, 48 countries coordinating? There's really nowhere to hide now. Leverage traders are crying for help again; they deserve to be cut. The regulatory stick is coming; this plunge was obvious from the start. All data is transparent; the era of privacy is over. I've said it before, smart people run the fastest when policies change direction. Are you only realizing this now? People on the chain saw it coming long ago. The EU's approach, other places will have to follow sooner or later. The real big show is still to come. I knew it would turn out like this; hot money is quickly drying up. Once the regulatory framework is activated, institutions start shifting their positions. Forget it, those entering now are just the bagholders. The runaway army is coming; how can small investors survive? This is the true reflection of the market; when policies change, everything gets chaotic.

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CommunityWorker

· 01-06 20:16

Damn, 48 countries forming a coalition, now we're all going to be exposed. Regulations and liquidations again, no wonder those leverage guys are rushing to run. The era of transparency is here; no more hiding private savings. Starting from 2028, my trading records will be thoroughly scrutinized, which is crazy. Fortunately, I'm just a small retail investor, so there's nothing much to hide; anyway, I can't lose much. Really, every holiday I cut a wave, this rhythm is indeed a bit bad. 160,000 liquidations—once this number came out, it was clear something big was happening. CARF is trying to completely clarify the crypto world. Instead of waiting for regulation, it's better to get out early and insure yourself. Wait, is this real? The EU also wants to share data? Didn't expect the topic to be a setup for this wave of plummeting prices. Stop talking, I'm about to cut my losses again.

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MechanicalMartel

· 01-06 02:03

Selling pressure is too heavy, as soon as regulation comes, the crypto circle starts to trample each other It's the leverage players' fault again, always like this Action from 48 countries at once? Now it's really time to lay everything on the table Losing privacy is what you get from this round of cutting losses, I’ve always said not to touch leverage I just want to know if any of our friends are among the 160,000 people liquidated this time haha Short-selling robots must be overjoyed, a free market Hurry up and run before 2027 or bottom out, it’s up to each of you to choose The regulatory net is so wide, you can hide from the first day but not the fifteenth Is there still anyone daring to trade in the EU? I’ll just delete it

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MrRightClick

· 01-04 06:51

Damn, I got cut again. I knew it would turn out like this. Wait, is this CARF framework real? 48 countries acting together? Privacy is gone. To be honest, leverage traders deserve it. Playing with fire will get you burned. But on the other hand, can the crypto world still be played like this?

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retroactive_airdrop

· 01-04 06:33

Damn, as soon as the regulators came, they cut the leeks. This trick is really slick. Speaking of privacy, it's truly gone. What’s the point of playing anymore? 2.28 billion liquidation? It shows we are all too naive. The CARF framework triggered a massive dump right after launch. It’s so obvious. Leverage traders run the fastest. I knew it would turn out like this. What’s the mood of the guys over in the EU now? Privacy is basically gone. I just want to know how many people got wiped out by this news. After this round of operations, who made the most money? It definitely wasn’t us retail investors.

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WhaleWatcher

· 01-04 06:33

Ha, once again the regulatory stick swings, and retail investors just run away first. I'm really tired of this routine. Wait, it’s not starting until 2026? We’re almost in 2025 now, is this article traveling through time? The big net is coming, so what if it does? P2P trading isn’t going to die anyway, it’s just a hassle. Those leverage guys deserve it; they wanted to gamble and lose everything. The regulators haven’t even arrived yet, and they’ve already played themselves to death. Privacy is indeed gone, but I actually want to see the ledgers of those big whales... This pace definitely looks like someone knew the news in advance and was dumping, retail investors are always the last to catch on. Honestly, the EU’s enforcement this time is pretty harsh. It’ll only get really lively once the domestic market follows suit. Regulatory transparency? I just want to ask, whose on-chain data from the exchanges should we trust?

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SchrodingerGas

· 01-04 06:30

Damn, as soon as the CARF framework starts, it's a game theory reconfiguration. The rational expectations of leveraged traders instantly adjust. This flash crash, to put it simply, is a liquidity trap happening in real-time.

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