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German Ministry of Finance Consulting on Revised Draft Bill to Implement DAC8 Crypto-Asset Reporting

|Proposed Changes|Germany
Germany

Germany's Ministry of Finance has published for consultation a revised draft bill to implement Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8), including new reporting and due diligence obligations for crypto-asset service providers. An initial draft was consulted on in November 2024. Approved by the European Council in October 2023, the provisions of DAC8 are largely based on the …

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