Taxman’s Dragnet Just Got a Million Times Wider: Your EMI Wise, or Crypto Wallet Is Now Officially a Snitch – And the Party Is OVER!
For years, banks have been the tax authorities’ favourite stool pigeons. Under the Common Reporting Standard (CRS), they’ve been dutifully handing over your account balances, interest, and tax residency to governments worldwide like clockwork. But the real smart money? It fled to the fintech wild west – Electronic Money Institutions (EMIs) and Payment Service Providers [...]



