Lithuania Updates Crypto User Reporting Rules to Match EU Standards

Lithuania’s State Tax Inspectorate has updated procedures covering user reporting by crypto asset service providers, clarifying their obligations under national rules.

The changes bring Lithuania’s procedures into alignment with the European Union’s DAC8 framework and the Organisation for Economic Co-operation and Development’s tax transparency standards.

The guidance addresses customer information and due-diligence criteria, setting out requirements for providers reporting data about their users.