Regulation· ★★★· neutral·

Germany to require crypto exchanges to collect tax data from legacy clients

  • —Exchanges must collect tax self-disclosures from pre-2026 account holders
  • —Refusal triggers a trading block within 90 days at most
  • —Investors who stay silent face a substantial fine
  • —The rule lands amid Germany's debate over the bitcoin holding period
Why it matters: The requirements tighten tax oversight of German crypto investors and may push some to disclose data or leave platforms.
Source: BTC-ECHO