What crypto taxes and rules apply in 2026, and what's coming next?

"For example, the CARF requires reporting of acquisitions and transfers of digital assets, requires all reporting to take place on an aggregate basis, and has different rules for reporting of stablecoins than the final regulations."

"On July 9, 2024, the Treasury Department and the IRS published in the Federal Register (89 FR 56480) final regulations (REG-122793-19) (TD 10000) regarding information reporting by certain brokers and the determination of amount realized and basis for certain digital asset sales and exchanges."

"sind Anbieter unter bestimmten Voraussetzungen ab dem Meldezeitraum 2026 verpflichtet, Informationen über aggregierte Transaktionsdaten der Wallets ihrer Kundinnen und Kunden zu erheben und im Kalenderjahr 2027 erstmalig elektronisch im Wege der Datenfernübertragung über die amtlich bestimmte Schnittstelle nach amtlich vorgeschriebenem Datensatz an das BZSt zu übermitteln."

"Consequently, these proposed regulations propose alternative rules that would allow digital asset brokers to obtain customer consent to the electronic furnishing of 1099-DA statements without having to offer customers the choice of receiving the 1099-DA statements on paper."

"Comments specific to non-U.S. brokers will be addressed as part of future regulations."

"TD 10000 generally applies to digital asset brokers that act as agents for a party in the transaction, such as operators of custodial digital asset trading platforms, certain digital asset hosted wallet providers, and certain processors of digital asset payments (PDAPs), as well as persons that interact with their customers as counterparties to transactions, such as owners of digital asset kiosks"

"Die von den meldenden Anbietern zu erhebenden Daten sind bis zum 31. Juli des jeweilig folgenden Kalenderjahres an das BZSt zu übermitteln, bzw. übermitteln zu lassen."

"To ensure that customers are made aware that an important tax return document has been furnished in an electronic format and have continuing access to their 1099-DA statement, these proposed alternative rules would, however, require these brokers to meet certain enhanced electronic notice and delivery requirements and to provide customer access to the statements for a longer period of time."

"As the final regulations reserve on the rules of Sec. 1.6045-1(g)(4) relating to non-U.S. brokers, the final regulations limit the definition of a U.S. digital asset broker for purposes of applying the provisions of Sec. 1.6045-1(g)(4)."

"Die übermittelten Daten werden daraufhin vom BZSt bis zum 30. September an das EU -Zentralverzeichnis sowie die CARF -Partnerstaaten weitergeleitet."

"TD 10000 reserved on the rules for DeFi participants and thus did not include DeFi participants in the definition of broker required to file information returns for digital asset transactions."

"pursuant to the 2024 final regulations (TD 10000, 89 FR 56480 (July 9, 2024))"

"Am 26.11.2024 wurde das MCAA CARF von der Bundesrepublik Deutschland unterzeichnet, sodass sich der umzusetzende automatische Informationsaustausch zu Transaktionen mit Kryptowerten nicht nur auf die Mitgliedstaaten der EU , sondern auch auf die OECD -Staaten bezieht, die das CARF MCAA ebenfalls unterzeichnet haben und in Zukunft noch unterzeichnen werden."

"The IRS estimated in its 2019 tax gap analysis that net misreporting as a percent of income for income with little to no third party information reporting is 55 percent."

"Brokers that furnish 1099-DA statements by attaching them to emails would not be required to send the customer a notice unless the customer requests a notice of that transmittal using a communication method other than email."

"Seit dem 1. Januar 2026 ist das Kryptowerte‑Steuertransparenz‑Gesetz (KStTG) in Kraft. Es setzt in Deutschland die DAC8 (EU-Richtlinie 2023/2226 – Directive on Administrative Cooperation) um und verpflichtet Kryptowerte-Dienstleister in der EU, Transaktionsdaten an die Steuerbehörden zu melden."

"Mit dem am 22. Dezember 2025 vom Bundestag mit Zustimmung des Bundesrates beschlossen Gesetz über die Meldepflicht von Anbietern und den automatischen Austausch von Informationen in Steuersachen bei Kryptowerte-Dienstleistungen (Kryptowerte-Steuertransparenz-Gesetz – KStTG ) wurden die Inhalte der DAC 8-Richtlinie in nationales Recht umgesetzt."

"PDAP brokers and brokers that transact exclusively with customers through one or more physical electronic terminals or kiosks also provide the disclosure statement to these customers by email or by using any mail or private delivery service within five business days of the customer's explicit action to provide positive consent."

"Die Anbieter übermitteln ihre Daten jährlich bis zum 31. Juli an das Bundeszentralamt für Steuern (BZSt). Das BZSt leitet die Daten inländischer Nutzender an die Landesfinanzbehörden weiter."

"The move lays down a standardized reporting regime for crypto exchanges, bringing them closer to the global Crypto-Asset Reporting Framework (CARF) and strengthening the Income Tax Department's ability to verify crypto transactions."

""Exchanges have to identify reportable users, verify their tax residency, and file annual reports containing reportable crypto transactions with the tax department in a prescribed format," Agarwal said."

"Bestandskund:innen, die bereits vor dem 1. Januar 2026 in einer Geschäftsbeziehung mit dem Dienstleister standen, müssen die Meldungen bis zum 1. Januar 2027 abgeben. Versäumen sie die Frist, drohen im schlimmsten Fall Transaktionssperren und Bußgelder bis zu 50.000 Euro."

"The reporting will cover transactions undertaken during the 2026 calendar year, with the first reports due in 2027."

"Gewinne aus der Veräußerung privat gehaltener Kryptowerte sind steuerpflichtig, wenn sie innerhalb eines Jahres realisiert werden."

"failure to file the required reports can attract a daily penalty of Rs 200 until the return is furnished, while inaccurate or incomplete reporting may result in a penalty of up to Rs 50,000."

"For individual investors, the framework does not introduce any additional reporting forms or filing obligations."

"Für Veräußerungen im Betriebsvermögen gilt die einjährige Haltefrist nicht; Gewinne sind gewerbliche Einkünfte und unterliegen der Einkommen‑ oder Körperschaftsteuer und ggf. der Gewerbesteuer."

"This transfer capability will not be available to customers residing in the State of New York until approved by the New York Department of Financial Services, which we plan to seek in 2024."

"We then discuss the United Kingdom’s Temporary Registration Regime (TRR) to facilitate compliance with Financial Action Task Force (FATF) guidance and the EU’s 5th Anti-Money Laundering Directive."

"in December 2020, the SEC initiated a lawsuit against Ripple Labs, Inc. (Ripple) and two of its executives, alleging that they engaged in the unlawful offer and sale of unregistered securities through sales of XRP, Ripples crypto asset, since 2012."

"On July 13, 2023, a court in the Southern District of New York held that Ripples sales of XRP to sophisticated investors pursuant to written contracts did constitute the unregistered offer and sale of investment contracts while sales of XRP to purchasers through blind bid/ask transactions on crypto asset exchanges did not constitute the sale of unregistered securities."

"It is not clear what actions the SEC will take with respect to those or other crypto assets, including in the course of the SEC inquiry regarding the Bakkt Crypto platform that began prior to Bakkts acquisition"