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EU proposal for New Transparency Rules Concerning Crypto-Asset Transaction Reporting (DAC8)

The European Commission has announced a proposal for new transparency rules concerning crypto-asset transaction reporting (DAC8).

Taxation: New transparency rules require service providers to report crypto-asset transactions

Today, the European Commission proposed new tax transparency rules for all service providers facilitating transactions in crypto-assets for customers resident in the European Union. These complement the Markets in Crypto-assets (MiCA) Regulation and anti-money laundering rules.

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