Lithuania Aligns Crypto User Tracking Rules With EU Framework

Lithuania Aligns Crypto User Tracking Rules With EU Regulations

Lithuania’s tax authority updated its rules on how crypto service providers report user data, bringing national guidelines in line with EU DAC8 and OECD tax transparency standards. Under the new framework, user transaction details are required to be submitted directly to tax officials. Customer Data and Due-Diligence Requirements Lithuania’s State Tax Inspectorate updated its guidelines […]

Lithuania Tightens Crypto Reporting Rules Under EU Framework

Crypto service providers must collect expanded identity, transaction and tax-residency data under VA-63, while some electronic money token transactions require payment-services authorization.

Lithuania Aligns Crypto User Tracking Rules With EU Framework

Lithuania’s tax authority has issued updated procedures clarifying user reporting requirements for crypto asset service providers to align national rules with the EU’s DAC8 and OECD tax transparency standards. Customer Data and Due-Diligence Criteria Lithuania’s tax authority, the State Tax Inspectorate, has issued updated procedures clarifying user reporting requirements for crypto asset service providers as […]