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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.
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Revolut Data Breach: Bitcoin Users’ Info Exposed
Revolut confirmed it handed over passports, selfies, and Bitcoin transaction histories to an imposter posing as a government agency. The targeted breach exposes serious risks for crypto users relying on centralized platforms—and highlights the importance of self-custody.