The cryptocurrency tax is levied on capital gains realized from cryptocurrency trading within a year of their acquisition. The cryptocurrency tax is supposed...
The European Commission's draft of the so-called DAC8 Directive is expected in the third quarter of 2022. This new directive aims at amending...
With the press release of the European Council of 29 June 2022 (https://www.consilium.europa.eu/de/press/press-releases/2022/06/29/anti-money-laundering-provisional-agreement-reached-on-transparency-of-crypto-asset-transfers/), a preliminary agreement has now been reached in the trilogue...
Background On March 31, 2022, the European Parliament (EU Parliament) voted on the Transfer of Funds Regulations (TRF). The European TRF regulation is an...
Background On Monday March 14, 2022, MEPs in the ECON committee voted against the controversial ban paragraph for the PoW-based consensus mechanism cryptocurrencies. In...
A comparison of the (income) tax treatment of cryptocurrencies in Luxembourg with neighboring European countries. Currently, there are no standardized tax laws for the...
What are NFTs and what is their significance? NFTs, or " Non-Fungible Tokens," are digital assets that are part of a blockchain. Unlike "fungible"...
What is crypto lending? Crypto lending is a lending transaction in which cryptocurrencies are given out on loan. This lending transaction is mostly carried...
What is Decentralized Finance (DefI)? Along with the growing interest in cryptocurrency, Decentralized Finance (DeFi) is becoming increasingly popular. DeFi refers to a special...
On May 26, 2021, the Federal Ministry of Finance (BMF) in Germany announced a draft regulation of the (BMF) on enhanced due diligence...