- Cyprus has enacted DAC8 crypto reporting rules effective January 1, 2026.
- The law imposes new compliance and reporting obligations on crypto-asset service providers.
- Requirements are aligned with the EU’s automatic exchange of information (AEOI) framework.
- The first reporting deadline is June 30, 2027, covering data from the 2026 calendar year.
- The rules aim to increase transparency and align Cyprus with EU standards for crypto-asset reporting.
Source: globalvatcompliance.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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