stablecoins

The largest stablecoins could be banned in the EU under its new MiCA legislation. It imposes limits on digital currencies denominated in anything but the euro, crypto lobbyists argue. https://blockworks.co/eu-crypto-lobby-fights-mica-limits-on-us-dollar-stablecoins/

Situation as of 2021: FATCA (USA automatic snitching) CRS (all non-USA automatic snitching) EU's DAC6 (financial consultant relating to EU automatic snitching of suggested offshore structures and tax optimisation strategies) Mandatory beneficiary owner declaration (required by all financial...