, as part of a bid to stop EU residents stashing crypto abroad to hide it from the taxman. The commission would have to set up a register of crypto asset operators’ by December 2025, bringing forward a previous deadline by one year, and the rules will apply as of Jan. 1, 2026.
Controversially, the law – known as the eighth directive on administrative cooperation – still includes platforms for trading non-fungible tokens that can be used for payment or investment, and providers from outside the bloc that have EU clients.
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