Regulation· ★★★· bearish·

France's Council of State rejects Paymium and Bull Bitcoin challenge to DAC8

  • Council of State rejected a référé-suspension against decree No. 2025-1276 of December 19, 2025
  • Platforms cited violations of EU law, privacy and the risk of data leaks
  • Court: probability of a leak is "very low," urgency not proven
  • Decree applies from January 1, 2026, ruling on the merits expected in 1–2 years
Why it matters: In France, crypto platforms are required to report client data to tax authorities; Bull Bitcoin's challenge could reach the EU court.
Source: Cryptoast