🤯 Taxman Cometh: Europe & UK Crypto Crackdown Incoming! 🚨
Crypto users in the UK and across Europe, brace yourselves. Starting January 1, 2026, the Crypto-Asset Reporting Framework (CARF) goes live, meaning every trade, transfer, and holding will be reported to tax authorities.
This isn’t a drill. CARF covers 48 jurisdictions, forcing platforms like exchanges and custodians to share your data. 📈 For you, it means meticulous record-keeping is no longer optional – it’s essential. The goal? To eliminate tax evasion and bring $ZEC, $LINK, and $NEAR (and all other crypto) under the same scrutiny as traditional finance.
Transparency is increasing, and the era of unreported crypto gains is officially coming to an end. Get prepared now to avoid future headaches.
#CryptoTax #CARF #Europe #TaxCompliance 🧐
