With the new DAC8 directive coming into effect on January 1, 2026, all exchanges with European customers will be required to report all their transactions to local tax authorities.
Remember that there are P2P exchanges without KYC, such as Bisq and Robosats. In my case, I have been using Robosats for years and have had zero problems.
If you don't do anything to defend yourself, don't complain later; you're just a coward.