Tax office: New crypto rules - Anyone who does not provide their tax number risks a €50,000 fine
From 2026, cryptocurrency exchanges must comply with new transparency regulations. What the tax office will know about cryptocurrency owners in the future and where anonymous transactions are still possible.
Germany is implementing the EU's DAC8 directive, requiring crypto providers to report user information and transaction data to tax authorities from 2026. This means providers like Bison, Bitpanda, Kraken, Binance, and Coinbase must share data with the Federal Central Tax Office (BZSt). Users will need to provide their tax identification number and information on their tax residency.
Failure to comply may result in penalties of up to 50,000 euros for both users and providers. The data will help tax authorities identify potential tax evaders and scrutinize their tax returns.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
