深潮TechFlow|Oct 10, 2026 07:04
[Lithuania Aligns with EU Framework, Updates Crypto User Tracking Rules]
Deep Tide TechFlow reports that on October 10, according to (Bitcoin.com), Lithuania's State Tax Inspectorate issued Order VA-63, updating the reporting requirements for crypto asset service providers (CASPs) to align with the European Union's eighth Directive on Administrative Cooperation (DAC8) and the OECD's Crypto-Asset Reporting Framework (CARF). The new regulations require platforms to enhance customer due diligence processes, collecting user identity information, transaction records, and tax residency details. Entities that have already fulfilled registration and reporting obligations in other EU member states are exempt from duplicate reporting in Lithuania. Comprehensive operational reporting will officially take effect across the EU on January 1, 2026, with data exchange between member states' tax authorities set to commence mid-2027. Compliance experts advise crypto operators to immediately update customer onboarding processes and backend systems to avoid compliance penalties.
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