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. Fair and effective taxation is key to securing revenues for public investment and services, while creating a business environment in which innovation can flourish. However, tax authorities currently lack the necessary information to monitor proceeds obtained...