The EU's digital asset tax transparency law will come into effect in January 2026.

Odaily Planet Daily reports that the EU's latest digital asset tax transparency law came into effect on January 1st. It aims to extend the EU's long-standing administrative cooperation framework on taxation to crypto asset and related service providers. The law requires crypto asset service providers, including exchanges and brokers, to collect and report detailed user and transaction information to national tax authorities. (CoinDesk)