📜 DAC8 & BFinance
The EU has introduced a new regulation called DAC8. It expands tax transparency rules and applies to crypto service providers working with EU users.
- What is DAC8?
DAC8 is an EU directive that requires licensed crypto providers to collect and report certain user data to EU tax authorities. Its goal is to increase transparency around crypto asset transactions.
- What does this mean for BFinance?
At this stage, BFinance does not collect or report data under DAC8.
- Why?
BFinance is currently in the process of obtaining CASP authorization. Until CASP status is officially granted, DAC8 reporting obligations do not apply.
We closely monitor regulatory changes and operate strictly within the legal framework. Once CASP authorization is received, all required DAC8 processes will be implemented in full compliance with EU law.
Transparency.
Compliance.
Crypto done right.
👉 https://t.me/bfinancebot/app
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5January 20, 2026 3.9K 1 16
