What is DAC8?

DAC8 is a European directive that requires crypto-asset service providers to share certain customer information and aggregated transaction data with the tax authorities. All bitcoin and crypto companies within the European Union (EU) must comply with this legislation. The aim is to increase transparency and prevent tax evasion.

Does DAC8 apply to me?

DAC8 applies to anyone who trades crypto-assets (including bitcoin) through a European service provider. This means we are legally required to collect certain tax-related information from you and submit an annual report to the Dutch tax authority.

What information do we collect?

To comply with DAC8, we must request additional information from you from 2026 onwards, such as:

• Tax residence (the country where you are tax liable)
• Tax Identification Number (TIN), depending on the country where you are tax resident

For some businesses, we will also need the Legal Entities and Partnerships Information Number (RSIN), as well as the same information for the ultimate beneficial owners (UBOs).

This information is required by the tax authorities to match transactions to the correct individual or entity.

What information is shared with the tax authorities?

We do not share passwords, account access, or bitcoin addresses.

What we are required to report includes, among other things:

• Your tax residence
• Your TIN
• Aggregated information about your transactions, such as total purchase and sale volumes

No account balance on a reference date is shared, nor any snapshots of your holdings on other dates.

DAC8 works differently from the Dutch tax return. While the Netherlands uses a reference date (such as 1 January) for certain taxes, DAC8 focuses solely on transactions. DAC8 is primarily intended as an information-exchange mechanism between countries and is unfortunately not designed to help you with your personal tax filing.

Does DAC8 affect my tax return?

No, DAC8 does not change your tax return. You remain responsible for correctly reporting your bitcoin and crypto holdings. DAC8 only means that the tax authority receives additional information to perform risk analyses and checks.

When does DAC8 take effect?

• 1 January 2026: we will request additional information (tax residence and TIN) from new customers.
• During 2026: we will request the same additional information from existing customers.
• 31 January 2027: first report on your transactions from 2026.

You can find more information about DAC8 on the Dutch tax authority's website.