EU Warns 12 Member States Have Not Implemented Cryptocurrency Tax Rules

**February 2** — Per Crowdfund Insider, the European Commission has ramped up enforcement of crypto asset regulatory frameworks, launching infringement procedures against multiple EU member states for failing to transpose or comply with new EU rules on crypto asset taxation and market regulation. In the latest round of infringement decisions, the Commission said it has sent formal warning notices to 12 member states for not fully transposing EU rules on crypto asset tax transparency and information exchange into national law. The 12 countries are: Belgium, Bulgaria, the Czech Republic, Estonia, Greece, Spain, Cyprus, Luxembourg, Malta, the Netherlands, Poland, and Portugal. This action ties to **EU Directive (EU) 2023/2226**, which amends the EU’s long-standing tax administrative cooperation framework. The directive extends reporting and information-sharing obligations to crypto asset service providers to boost tax transparency and regulate crypto asset transactions.