Slovakia MOF Seeks Comments on Proposed Transposition of DAC8 Crypto-Asset Transaction Transparency Rules

The Slovak Ministry of Finance March 21 opened a consultation on a draft bill to transpose EU Council Directive 2023/2226 (DAC 8) into domestic law. The bill includes measures to: 1) expand mandatory AEOI to include information required of any reporting crypto-asset service provider (RCASP); 2) apply to crypto-assets, including stablecoins, specific e-money tokens, certain non-fungible tokens (NFTs), and central bank digital currency (CBDC); 3) expand AEOI rules to non-custodial dividends, and to exchanges of advance cross-border rulings involving individuals with high net worth; 4) require inclusion of the Tax Identification Number (TIN) of individuals and entities in information exchanges ...