DAC8

The European Union's eighth Directive on Administrative Cooperation, adopted in October 2023 and entering into force from 1 January 2026. DAC8 requires EU-based crypto service providers (and non-EU providers serving EU customers) to report customer transaction data — including identity, balances, and disposal events — to tax authorities across the EU. The framework mirrors the OECD's Crypto-Asset Reporting Framework (CARF) and is designed to enable automatic information exchange between member states. For users, the practical effect is that crypto activity through any EU-licensed provider is now visible to your national tax authority.