The EU will propose a bill requiring cryptocurrency service providers to report customer information to tax authorities

ChainCatcher news, according to CoinDesk, the European Commission will propose a bill next week that will require cryptocurrency service providers in the EU region to report detailed information about customers within the EU to local tax authorities. The document shows that the bill aims to prevent tax evasion using cryptocurrencies and may apply to stablecoins, derivatives, and NFTs. (CoinDesk)