The Council Directive (EU) 2023/2226, adopted on 17 October 2023, amends Directive 2011/16/EU, enhancing administrative cooperation in taxation by introducing stricter requirements for the reporting of crypto-assets. This directive aims to combat tax fraud, evasion, and avoidance by mandating automatic exchanges of information between EU member states regarding income derived from such assets. Key provisions involve the reporting obligations of crypto-asset service providers and operators, including details on transactions and users, ensuring consistency with international frameworks like those established by the OECD.

Furthermore, the directive stipulates the necessity of taxpayer identification numbers (TINs) in reporting, as well as the establishment of a central directory to streamline information exchange. The aim is to facilitate better compliance and regulatory oversight across the Union, adapting current legislation to the evolving landscape of digital finance while maintaining robust protections around personal data.