Denmark: Proposed legislation to implement cryptoasset reporting (DAC8)
The bill would require cryptoasset service providers to report customer transactions for EU exchange.
The Danish Minister of Taxation in February 2025 introduced legislation (Danish) to implement the EU Directive 2023/2226 (DAC8) on cryptoasset reporting into Danish law.
The bill requires cryptoasset service providers to report customer transactions for EU exchange and expands information exchange to include e-money. The law is proposed to take effect on May 1, 2025, with some changes implemented later per DAC8 deadlines.
For more information, contact a KPMG tax professional in Denmark:
Lars Terkilsen | lars.terkilsen@kpmg.com