#Strategy加仓BTC 🔔 Global Cryptocurrency Regulations Welcome New Unified Standards

The EU DAC8 Directive and OECD CARF Agreement are linked, covering 48 jurisdictions. July 1st is a critical milestone—cryptocurrency service providers must submit user transaction data and holdings information to tax authorities.

There are several details worth noting about this wave of regulation:

**Scope of Compliance**: Exchanges and wallet service providers are all included. Non-custodial wallets are temporarily exempt, but don’t celebrate too early—cross-border transfers of €10,000 or more require the recipient to proactively report.

**What about $BTC and $ETH **? If your holdings are on compliant platforms, data is automatically reported, and you just need to meet local tax obligations. Want to use non-custodial wallets to evade? You need to keep clear transaction records and sources. If audited and caught, the explanation costs will be higher.

**Suggestion**: Take stock of your crypto asset distribution, organize transaction receipts and cost statements in advance. For cross-border operations, remember to keep good records—when regulation arrives, a clear ledger will save you trouble.