Finland Gazettes Law Implementing Information Reporting, Due Diligence, Registration Obligations for Crypto-Asset Service Providers

The Finnish Official Gazette Dec. 1 published Law No. 1041/2025, implementing the information reporting, due diligence, and registration obligations for crypto-asset service providers. The law includes measures: 1) implementing amendments to Directive 2023/2226/EU on administrative cooperation in taxation (DAC8) and the OECD Crypto-Asset Reporting Framework (CARF), and repealing Directive 77/799/EEC on mutual assistance in the field of direct taxation; 2) specifying which crypto-asset service providers are subject to the information reporting obligations regarding crypto-asset transactions, account holders, and controlling persons; 3) listing the situations in which crypto-asset service providers are exempt from specified due diligence and information reporting requirements; and ...