The European Commission has launched infringement actions against 12 member states over non-compliance with crypto tax rules, also taking separate action against Hungary for MiCA violations.
On February 2, the European Commission initiated infringement proceedings against 12 EU member states for failing to implement Directive (EU) 2023/2226, which mandates tax transparency and reporting for crypto asset transactions. Member states have two months to address the non-compliance or face referral to the EU Court of Justice. In a separate move, Hungary faces infringement action over breach of the Markets in Crypto-Assets (MiCA) regulation. The actions reflect the EU’s continued enforcement drive to ensure uniform adoption of crypto asset tax and market oversight rules.