New EU Rules: Licensing and Tax Reporting for Cryptocurrency Companies Starting in 2026
25.06.2026
Starting July 1, 2026, new regulations governing the activities of cryptocurrency companies will take effect in the European Union. These changes are aimed at increasing the transparency and security of the digital asset market.
The MiCA (Markets in Crypto-Assets Regulation) introduces mandatory licensing for all crypto-asset service providers (CASP), including exchanges, custodial services, and trading platforms. Companies that have not obtained the appropriate license are required to cease providing services to EU customers. This requirement is intended to eliminate unlicensed platforms and create a unified, regulated digital asset market in Europe. ([ru.euronews.com](https://ru.euronews.com/business/2026/06/24/europes-crypto-reset-mica-creates-a-single-market-as-hundreds-of-firms-face-exit?utm_source=openai))
For traders and investors, this means they will only be able to use platforms that meet strict EU requirements. This enhances consumer protection and reduces risks associated with fraud and unscrupulous practices.
In addition, the DAC8 directive will take effect on January 1, 2026, requiring cryptocurrency exchanges and service providers to collect and report user transaction data to tax authorities. This includes information on year-end balances and transaction details. The first reports for 2026 must be submitted in early 2027, after which reporting will become annual. ([cryptonvg.com](https://cryptonvg.com/ru/blog/eu-cryptocurrency-tax-rules-2026?utm_source=openai))
These measures are aimed at preventing tax evasion and ensuring transparency in financial transactions involving digital assets. Users are advised to familiarize themselves with the new requirements and ensure that their platforms comply with the established standards.
Overall, the introduction of MiCA and DAC8 marks a significant step toward regulating the cryptocurrency market in the EU, providing a safer and more transparent environment for all participants.