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Bull Bitcoin challenges French decree enforcing EU crypto tax rules over privacy and security risks.

Market News
08 Jul 2026
Cointribune
View Source
Bearish
pluang ai news

Bull Bitcoin has taken legal action before the French Council of State to annul the decree implementing the EU's DAC8 directive, which mandates cryptocurrency service providers to report user identities and transactions to tax authorities. The platform argues this creates a large, sensitive database that risks user privacy and security, potentially exposing nearly 135 million Bitcoin holders in Europe to cyberattacks and physical threats like kidnappings. The first reports under DAC8 are due by September 30, 2027, making this case a critical early test of the regulation's impact in France and the broader EU. Bull Bitcoin's challenge highlights ongoing tensions between tax enforcement and protecting crypto users' privacy and safety.

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