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Germany Publishes Revised DAC8 Draft Bill: The Ministry of Finance released an updated draft bill for consultation, outlining new crypto reporting and due diligence obligations aligned with the EU’s DAC8 directive and OECD frameworks.
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Implementation Timeline Set by EU: EU Member States must adopt DAC8-compliant rules by 31 December 2025, with most provisions taking effect from 1 January 2026, and select requirements delayed until 2028.
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Public Consultation Open Until 14 July 2025: Stakeholders can submit feedback on Germany’s revised DAC8 bill, which reflects updates since the initial draft in November 2024 and integrates CARF and amended CRS standards.
Source: Orbitax
