The curtain on crypto tax transparency will officially rise in 2026. Starting from January 1st, major exchanges will begin reporting user transaction data, and by 2027, this data will start circulating among tax authorities. In other words, your trading records and profit/loss situations will be fully visible to tax agencies.
What does this mean for crypto traders? Simply put, if you make a profit, you can't avoid being contacted. Tax authorities will precisely identify profitable accounts based on the data and then require the payment of taxes according to regulations. This is not an exaggeration but an inevitable outcome of industry development.
This wave of change will have the most direct impact on KOLs—maintaining credibility in front of the public will require proof of tax compliance. Paying taxes is shifting from an optional choice to a mandatory requirement. Instead of reacting passively when the time comes, it's better to get this matter sorted out now.
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PanicSeller
· 18m ago
Hmm... there's really no way out now. I should have expected this would happen.
Oh my, the exchange has sold us out? That means all the "smart people"’s methods are now completely blocked.
Compliance is the long-term way to do business. It's better to take action now than to just lie flat and wait for tax penalties.
I kind of regret not keeping proper records back then. Is it still possible to fix things now?
This is the real cleanup. Small retail investors need to carefully plan and strategize.
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NFTDreamer
· 9h ago
Haha, there's no escaping now. I saw this day coming a long time ago.
Making money without paying taxes is really living in a dream; reality will always knock on the door.
KOLs need to start getting nervous; the days of speculation are slowly coming to an end.
Instead of being investigated later, it's better to come clean now and make up for the taxes.
Now, people trading cryptocurrencies will have to learn how to keep accounts, which is quite tough.
I've always said transparency is the trend, but no one listened.
When the time comes, no one will be able to run away; it's better to be honest and transparent.
Compliance is becoming harder and harder to avoid.
Who earns, who pays—it's that simple and straightforward.
By 2027, everything will be exposed; those who can still hide are hiding now.
Thinking back to those reckless people from before, they must be panicking now.
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LongTermDreamer
· 01-12 01:54
Hmm... Here we go again. The stuff three years from now is already frightening. Why do I feel like we've heard this set of logic several times before?
No one cares when you're making money, and when you're losing money, it's all on you. Now that taxes are coming, suddenly everything is uniform.
Speaking of which, instead of hiding and sneaking around, it's better to be open and honest. Anyway, we hold long-term and don't trade frequently. Clear data actually makes us feel more at ease.
Compliance is something we have to face sooner or later. Getting it sorted out now actually makes things easier.
Wait, do those orders sold before January 1st count...
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DevChive
· 01-12 01:54
Can't avoid it anymore, it's only a matter of time. Better to be honest with the ledger.
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It's over, my small ledger is about to be exposed. Feeling uncomfortable.
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Haha, compliant taxation has become a mandatory requirement. Now KOLs have to do their accounting properly.
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Instead of waiting to be called out, it's better to organize everything now to avoid trouble.
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Exchanges need to report data? Then I better get my accounts in order.
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Profits can't be hidden. Be serious, everyone.
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2026 is coming, the era of transparency is really beginning.
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Uh, this means I have to pay taxes obediently.
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It's better to cooperate early than to respond passively. Understand?
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Looks like I need to make tax payment receipts a standard feature.
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DataChief
· 01-12 01:52
Here comes the tax stuff again, they'll start restricting us by 2026.
It's over, the old tricks just don't work anymore.
It should have been like this a long time ago, otherwise those fake KOLs wouldn't be able to make a living.
Why hide? Just pay what you owe, and you'll feel much better and more at ease.
But this is probably the biggest blow to retail investors; large institutions have already gone compliant.
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SpeakWithHatOn
· 01-12 01:48
It's frustrating, earning money still requires paying taxes, and there's no way to dodge it.
Does anyone really want to use a secondary account to wash their reputation? Dream on, everything will be over by 2027.
KOLs suffer the most; the bigger the fame, the stricter the scrutiny. Now there's no way to pretend anymore.
Instead of waiting to be taxed, just be honest and settle accounts now.
Hey, is it possible that not trading crypto at all is simpler...
I heard someone has already started making voluntary payments; the era of tax evasion is finally over.
I'm done, future profits will just be shooting ourselves in the foot.
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TokenomicsDetective
· 01-12 01:31
Oh my god, now it's really time to come clean, no more hiding
Coming in 2026? Better get the accounts straightened out quickly
Compliance really needs to be planned ahead, or 2027 will be a big trouble
This time, KOLs need to get serious, tax payment certificates become essential
There’s no more gray area when it comes to profits
Understanding tax matters early on to avoid being passively penalized later
The curtain on crypto tax transparency will officially rise in 2026. Starting from January 1st, major exchanges will begin reporting user transaction data, and by 2027, this data will start circulating among tax authorities. In other words, your trading records and profit/loss situations will be fully visible to tax agencies.
What does this mean for crypto traders? Simply put, if you make a profit, you can't avoid being contacted. Tax authorities will precisely identify profitable accounts based on the data and then require the payment of taxes according to regulations. This is not an exaggeration but an inevitable outcome of industry development.
This wave of change will have the most direct impact on KOLs—maintaining credibility in front of the public will require proof of tax compliance. Paying taxes is shifting from an optional choice to a mandatory requirement. Instead of reacting passively when the time comes, it's better to get this matter sorted out now.