Lithuania Aligns Crypto Reporting Rules With EU DAC8 and OECD CARF
- —Order VA-63 clarifies which individual and corporate crypto users fall under mandatory reporting
- —Platforms must capture customer IDs, transaction logs and account balances
- —Full operational reporting across the EU begins on Jan. 1, 2026
- —Data exchanges between EU tax administrations start in mid-2027
Why it matters: Crypto platforms serving Lithuanian residents must update onboarding and back-end systems immediately to avoid compliance penalties.
Source: Bitcoin.com