The EU Commission has released its draft amendment to the Directive on Administrative Cooperation (DAC) regarding crypto assets (the DAC 8). The DAC 8 will extend the automatic exchange of information obligations to crypto transactions from 2026. Obligations under the DAC 8 will apply to EU and, most likely non-EU crypto-asset service providers and operators. Crypto-asset service providers and operators should be assessing the implications for their businesses now in order to be ready in time.
Source Mazars
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