Original sourceCoinSpectator
Summary
Since January 2026, the EU DAC8 framework requires crypto exchanges to report detailed customer information, with data sharing among 27 member states expected by 2027. However, data centralization already shows serious security flaws: a French tax officer allegedly sold investor data to kidnapping…
Key points
- Alert crypto holders and exchanges to data privacy risks in the EU, with practical protection advice
- Mandatory EU reporting of crypto holder data has led to real criminal incidents; data protection mechanisms are critical
- Investors should carefully choose trading platforms and diversify KYC data; exchanges must strengthen internal access controls and audits
Editorial note
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