What’s going on with Crypto Assets in Luxembourg? MiCAR, DAC 8 and the tax treatment of virtual currencies

The Luxembourg law of 27 March 2026 on the automatic and mandatory exchange of information reported by Crypto‑Asset Service Providers implements Directive (EU) 2023/2226 (“DAC 8”). DAC 8 extends the European framework for administrative cooperation in tax matters to the universe of crypto‑assets, notably through the automatic exchange of information between tax authorities. This development forms part of a broader European effort to structure and regulate the crypto ecosystem.... By: Hogan Lovells