Regulation· ★★★· bearish·

Bulgaria passes law on crypto tax reporting under EU rules

  • 149 votes in favor, none against, 10 abstained
  • Reporting is required on purchases, sales, transfers, and crypto-to-crypto transactions
  • Client name, address, date of birth, tax ID, and tax residency are disclosed
  • Clients must provide data by January 1, 2027
Why it matters: Bulgaria is joining the DAC8 tax information exchange system, tightening oversight of crypto operations in the EU.
Source: Blockonomi