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Crypto Taxation: A Global Perspective on Reporting and Compliance. In 2024, tax authorities worldwide are tightening scrutiny on digital asset transactions. From the U.S. IRS, EU’s FATCA and CRS, to Japan’s crypto tax framework, compliance requires meticulous record‑keeping, accurate reporting of capital gains/losses, and disclosure of foreign wallets. Crypto exchanges provide tax‑ready statements. Investors should use reliable tax software and consult local regulations to avoid penalties.