Quote from: BlackHatCoiner on January 24, 2025, 04:36:37 PM

Quote from: Lucius on January 24, 2025, 04:22:27 PM

However, for those who often trade through DEX, there is a certain amount of risk that their data will still be leaked to unknown people, because (if I'm not mistaken) if we sell cryptocurrency we have to provide our name, surname and bank account number (maybe even our address). If we are not skilled enough to hide how many coins we actually have, it is possible that someone would choose their targets for physical attacks in this way.

I use Revolut. The other party only knows my revtag. I don't give full name, nor address, and that information cannot be derived from the revtag, unless Revolut experiences data breach.

In that case, you are insured against that risk - I personally have never used that service, although there are many people around me who use it precisely for things related to cryptocurrencies, and most of them think that in this way they will avoid paying taxes Roll Eyes

Quote from: apogio on Today at 12:30:55 PM

They 'll never do this, unless the government asks them to.
For the most part, you 'll be good if you keep doing what you do. I was doing it as well a lot, but I just thought, since Revolut knows who I am, is there a chance that I may have an issue?!
Food for thought.

As far as I know, they are subject to EU laws, which includes all those things that any bank operating within the EU must respect. I don't know if they share data about their clients with the competent authorities of each country individually on a regular basis or only on request - but the fact is that about 150 countries in the world regularly exchange such data. I can open a bank account in any bank within the EU, but that doesn't mean my tax authorities won't know about it.