Bull Bitcoin Petitions French High Court to Challenge EU's DAC8 Crypto Surveillance Directive
By
Editorial Team
Summary
Bull Bitcoin, the world's oldest Bitcoin-only non-custodial exchange, has petitioned France's high court to challenge the EU's DAC8 directive, which requires crypto-asset service providers to collect and share user identity and transaction data with tax authorities across EU member states. The company argues that DAC8 creates a dangerous surveillance database linking legal identities, home addresses, and detailed transaction histories — including transactions with no tax relevance — violating fundamental privacy rights. The directive is set to take effect on January 1, 2026.
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Key quotes
· 3 pulledThe danger lies in the creation of a vast database linking legal identities, home addresses and detailed transaction histories, including movements that have no material relevance.
Since January 1, 2026, DAC8 (Directive (EU) 2023/2226) has forced European crypto‑asset service providers (CASPs) such as Bull Bitcoin to systematically collect and transmit identity and transaction data for millions of users to national tax authorities.
Bull Bitcoin, the world's oldest Bitcoin‑only non‑custodial exchange, has petitioned France's high court to strike down the...
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