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ECOFIN Agrees on New Transparency Rules Concerning Crypto-Asset Transaction Reporting (DAC8) — Orbitax

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ECOFIN Agrees on New Transparency Rules Concerning Crypto-Asset Transaction Reporting (DAC8)

|Approved Changes|European Union
European Union

In their meeting held on 16 May 2023, the Economic and Financial Affairs Council (ECOFIN) agreed on a new Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation for the introduction of new transparency rules concerning crypto-asset transaction reporting (DAC8 Directive).

The DAC8 Directive requires all crypto-asset providers based in the EU to…

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