To everyone in the EU: Starting no later than the day after tomorrow (Jan 1, 2026), centralized trading gets auto-reported to tax authorities. Switch to pure P2P sooner rather than later. At least wait until 2027 to see exactly how the reporting plays out and what the real impact is. Don't be the guinea pigs. #DAC8
Discussion
Ye i am getting stressed out about this. Have been thinking how I should approach this as i have been mainly DCAing on centralized exchanges… stay strong
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That's right, you're talking about CARF, the crypto asset reporting framework. The EU and other countries are implementing it, which is ultimately meant to track every single crypto transfer that is being done on behalf of someone else. This is where people finally realized that the power of peer to peer is what will keep us free.