Bulgaria Aligns with EU Crypto Tax Reporting Rules Amid DeFi Transparency Push
Bulgaria has aligned itself with European Union (EU) rules on crypto tax reporting by adopting the EU DAC8 directive. The National Assembly of Bulgaria unanimously voted for the amendment to the Tax and Social Security Procedure Code last week, finally implementing the directive that was first floated in late 2025.
The new rule requires crypto platforms to collect information from users, including identities and traded or transferred volume, both in crypto and fiat. This data must be reported by regulated exchanges and platforms, covering all types of transactions, including crypto-to-fiat and crypto-to-crypto trades.
The provision also targets external withdrawals, including those to self-custody wallets, but only from regulated platforms. The move mirrors the Financial Action Task Force's (FATF) anti-money laundering push for greater transparency in DeFi transfers.