The G20 has agreed to exchange data on cryptocurrencies!
From 2027, the G20 states will automatically exchange information on cryptocurrency transactions, including those carried out by clients of unregistered exchanges and service providers for storing digital assets.
Obviously, the scheme is used to identify people who evade paying taxes.
All countries that are members of the G20, for example, Russia, China, the USA and Turkey, will be connected to the data exchange system. The G20 countries account for 85% of global GDP and 66% of the world's population.
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