From January 1, 2026, new EU tax rules (DAC8) require crypto-asset service providers in Europe to collect tax info and report certain transactions to authorities.
Here’s what this means for your Bringin account and what you need to do.
What DAC8 Is
DAC8 (Directive on Administrative Cooperation, 8th amendment) is the EU's framework for reporting crypto-asset transactions to tax authorities. It's based on the OECD's global Crypto-Asset Reporting Framework (CARF) and applies uniformly across all providers serving EU residents.
Bringin is built on regulated infrastructure. Our partner Striga holds the required MiCA license for crypto-asset services and customer protection. DAC8 is a separate framework that requires the collection and reporting tax data to authorities. MiCA happens behind the scenes; DAC8 is what requires action from you starting January 2026.
No matter where a provider is based, if they serve EU residents, they must comply with DAC8. Any claims contrary to this are inconsistent with the current regulatory framework.
The Timeline
Two dates matter:
January 1, 2026 – Data collection begins. From this date, all regulated providers (including Bringin's infrastructure partners) must start tracking reportable transactions and collecting tax identification details from users.
Early 2027 – The first reporting period, when data from 2026 is shared between EU tax authorities.
The exact technical implementation is still being finalized by regulators. We're monitoring this closely and will update you as soon as concrete details emerge.
What This Means for Your Bringin Account
New Users (From January 1, 2026)
When you create a Bringin account, you'l need tol provide:
- Your Tax Residence Country(ies)
- Your Tax Identification Number(s) (TINs)
This happens during the standard signup process. We cannot process applications without this information—it's a legal requirement under DAC8.
Existing Users
If you already have a Bringin account, here's your timeline:
May 2026 (in or around May 4): You’ll be prompted in-app to add your Tax Residence Country and TIN (one-time, quick update).
July 31, 2026 – Deadline to provide this information.
After July 31, 2026: We're required to pause bitcoin transactions for accounts missing tax information. Your euro services stay active. The services resume immediately once you provide your Tax Residence and TIN.
Note - You don't need to file reports yourself. Lightspark (formerly Striga, the regulated entity that powers Bringin), handles all reporting to tax authorities. They're the "Reporting Crypto-Asset Service Provider" under DAC8.
The first reportable year is 2026. Data from your 2026 transactions will be reported to authorities in early 2027.
What Actually Changes
Providers now report conversions between bitcoin and fiat to tax authorities (both when you buy bitcoin and when you sell it), and you'll need to provide a TIN to continue using regulated services.
Everything else stays the same. Your self-custody, your control, instant Lightning to SEPA, full sovereignty. Bringin works exactly as it does today. The only difference is that conversion points between bitcoin and euros now create records that satisfy tax reporting requirements.
If you've been reporting taxes properly, nothing fundamental changes. If not, now's the time to start.
Questions?
If you have specific concerns about how DAC8 affects your situation, contact our support team at support@bringin.xyz. We’re here to help.
For more information about DAC8, you can read the full EU Directive here:
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023L2226
– The Bringin Team
