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France Rejects Suspension of DAC8 Crypto Reporting Rules
France’s Council of State has refused to suspend DAC8, the EU’s crypto tax reporting framework, rejecting an emergency motion from Bull Bitcoin and Paymium. The main legal challenge continues, but the rules are moving forward — meaning greater transparency for crypto users across Europe.
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French Court Rejects Bid to Block EU Crypto Tax Rules
France’s Council of State has rejected an emergency bid by Bull Bitcoin and Paymium to halt the French decree enforcing the EU’s DAC8 crypto tax-transparency rules. The ruling keeps strict new reporting requirements firmly in place for crypto companies operating in Europe.
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French Crypto Data Sharing Mandate Upheld: What DAC8 Means for You
France’s Council of State has rejected an emergency challenge by Paymium and Bull Bitcoin against the country’s DAC8 implementation, requiring crypto platforms to automatically share user transaction data with tax authorities. The court deemed the data leak risk “very low,” setting a major precedent for crypto regulation across the EU.