News · Regulation & Policy
European tax authorities set customer due-diligence mandates for crypto service providers, with first automated data exchanges scheduled for Sept. 30, 2027.
Key point 1 of 3
01
DAC8 requires Reporting Crypto-Asset Service Providers to collect transaction data and execute due diligence on resident and non-resident clients.
Key point 2 of 3
02
The directive entered into application on Jan. 1, 2026, with the first cross-border information exchanges between EU states set for Sept. 30, 2027.
Key point 3 of 3
03
Covered assets align with MiCA definitions and extend to decentralized assets, stablecoins, e-money tokens, and select NFTs.
Context
The EU adopted the DAC8 directive in October 2023 to close cross-border tax evasion gaps created by the decentralized structure of digital assets.
Why it matters
Crypto service providers operating in the EU must maintain compliance systems to gather and report client transaction data to national tax agencies.
What to watch
EU member tax authorities will complete their first automated data exchanges for the 2026 reporting year by Sept. 30, 2027.
Sources
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