DAC8: The New Era of Crypto Compliance
Looks like DAC8 is about to change the game for crypto service providers, huh? With this new EU law kicking in on January 1, 2026, crypto payroll compliance just got a whole lot more complicated. I mean, it’s not like we didn’t see it coming, right? The directive will enforce strict tax compliance and reporting obligations, which means firms are gonna have to adapt or face some serious penalties down the line.
What Does DAC8 Mean for Crypto Service Providers?
What’s the deal? DAC8 is going to impact every crypto-asset service provider (CASP) out there. Starting January 1, 2026, firms will have to start collecting and reporting user transaction details. The kicker? They have to verify who their users are and track reportable…
