Bull Bitcoin challenges France’s DAC8 crypto law

Bull Bitcoin is challenging France's DAC8 crypto reporting law, arguing it forces excessive data collection and endangers user privacy. The case is before France's Conseil d'État.

Bull Bitcoin has filed a legal challenge with France's Conseil d'État, seeking to annul Decree No. 2025-1276, which implements the European DAC8 directive into French law. Effective January 1, 2026, DAC8 requires European crypto-asset service providers to systematically collect and transmit users' identity and transaction data to local tax authorities. This information is then automatically exchanged between EU member states. Bull Bitcoin argues that these rules create a mass database linking legal identity, home address, and transaction history—including transactions irrelevant to taxation. The company claims this centralized data collection poses significant privacy and security risks for millions of crypto holders and civil servants. Previously, data sharing was only required upon lawful request or suspicion. Bull Bitcoin contends that DAC8's automatic reporting endangers user privacy and safety. This marks the first formal legal challenge to DAC8 in the EU, with Bull Bitcoin aiming to limit the regulation's scope.