Council of the EU Announces Adoption of DAC8 Crypto Tax Reporting Rule
Abstract：A press release was issued by the Council of the European Union on October 17, announcing the adoption of a directive that modifies the EU regulations pertaining to administrative cooperation in the field of taxation. The directive primarily focuses on enhancing the reporting and automated exchange of information concerning income generated from transactions involving cryptocurrency assets, as well as advance tax rulings specific to high-net-worth individuals.
A press release was issued by the Council of the European Union on October 17, announcing the adoption of a directive that modifies the EU regulations pertaining to administrative cooperation in the field of taxation. The directive primarily focuses on enhancing the reporting and automated exchange of information concerning income generated from transactions involving cryptocurrency assets, as well as advance tax rulings specific to high-net-worth individuals.
They want to enhance cooperation between national taxation authorities (DAC8), as well as strengthen the existing legislative framework. The authorities want to expand the scope for registration and reporting obligations and overall administrative cooperation of tax administrations.
“Additional categories of assets and income, such as crypto-assets, will now be covered. There will be a mandatory automatic exchange between tax authorities of information which will have to be provided by reporting crypto-asset service providers,” reads the press release.
They want to build on the definitions established in the MiCA regulations and cover a wide scope of cryptocurrency assets, including stablecoins, e-money tokens, as well as certain non-fungible tokens (NFTs).
DAC8 is interested in granting tax collectors jurisdiction for monitoring and evaluating crypto transactions carried out by individuals or entities within any other member state of the EU. DAC8 currently complies with the Crypto-Asset Reporting Framework (CARF) and the regulations specified in MiCA.
Read more
cTrader White Label Platform: A Practical Guide for Broker Evaluation and Multi-Asset Expansion in 2
A broker can launch a white-label platform quickly and still fail the first serious operating test. The failure often begins quietly: an assets expansion has been approved, the client app is branded, and a new account journey looks complete. Then a client asks why a trade-related status, funding hand-off, or account restriction looks different across channels. Support cannot see the same reference trail as operations. The product owns the screen, but no one owns the explanation. The issue is not a missing feature. It is an untested operating model. That is why a cTrader white label platform should be evaluated as a route to a multi-asset service - not as a shortcut to a more attractive terminal. The central question is whether the broker can add instruments, client channels, integrations, and service capacity without making its controls harder to operate or explain.
Perry Warjiyo Resigns: Why the Rupiah Moved Above Rp18,000 per US Dollar
Perry Warjiyo resigned as Bank Indonesia governor, Destry Damayanti became acting governor, and the rupiah traded above Rp18,000. Here is what forex traders should monitor next.
MT4 White Label Cost in 2026: What Brokers Must Budget Beyond the Platform Fee
The visible fee in an MT4 white label proposal is rarely the real cost of operating it. For an existing broker, the decision is not simply whether an MT4 white label platform is “cheap” or “expensive.” The real question is whether the commercial model remains viable after integration, support, data, client migration, compliance, and exit costs are included. That is why an MT4 white label cost review should be built as a 24- to 36-month operating case. It should compare three credible choices: 1. Keep the present MT4 setup and improve its weakest controls. 2. Replace the MT4 white label provider but retain the client proposition. 3. Migrate selected clients or products to another platform while running MT4 in parallel. This guide explains how to build that case without relying on headline prices or generic vendor claims.
The Rise of Deepfake Investment Scams: ASIC Shares Key Warning Signs
Artificial Intelligence (AI) has grown remarkably recently. However, it has also amplified the scope for financial fraud. One such is the rapid use of deepfake technology involving AI-generated videos, images and audio clips imitating real people. Fraudsters are leveraging these technologies to impersonate financial advisers, celebrities, business leaders and government officials to lure victims into fake investment schemes. Understanding the emerging implications, the Australian Securities and Investments Commission (ASIC) has cautioned investors of investment avenues promoted through convincing AI-generated content. Seemingly authentic, deepfakes are designed to manipulate trust and make people transfer funds before authenticating the investment’s legitimacy.
WikiFX Broker
Latest News
ForexMart Review: Profit Canceled, Principal Withheld, and a Broker Warning Traders Cannot Ignore
WikiFXBX Trade Review: Is This Unregulated Broker Worth the Risk?
WikiFXSTMARKET Review: Withdrawal Complaints Cloud a Low-Rated Broker, What to Know Before You Deposit
WikiFXWhy the Dollar Moves Almost Every Forex Pair
WikiFXCONSOB Orders Blocking of 24 Unauthorized Investment Websites
WikiFXBitDelta Receives UAE Category 5 Licence for Introducing Activities
WikiFXRinggit Gains on Majors but Slips vs US Dollar Ahead of Fed
WikiFXtrading.com Review: FCA-Regulated, But Withdrawal Complaints Persist
WikiFXDeriv Review: What Traders Should Know Before Depositing
WikiFXDollar Steadies as Rupee Finds Market Support
WikiFXRate Calc
