Bulgaria Enforces Stricter Crypto Regulations Under EU DAC8 Framework

Bulgaria has become the latest EU country to enforce stricter crypto regulations. The Bulgarian parliament voted in favor of new tax reporting amendments, which will require crypto providers to report customer identities and transaction data to the National Revenue Agency.

The rules bring Bulgaria into line with EU requirements for tax authorities to exchange information on crypto users across participating jurisdictions. This includes data on purchases, sales, transfers, exchanges, and transactions involving fiat currencies or other crypto assets.

The legislation transposes two European directives into national law as part of the EU's DAC8 framework. The deadline for member states to implement these regulations was December 31, 2025, but Bulgaria has approved the amendments more than eight months after that deadline.

Under the new rules, crypto companies operating in Bulgaria will need to register with the National Revenue Agency and submit detailed information about their customers, including tax identification numbers and country of tax residence. They must also report on the crypto assets themselves, including total gross amounts from transactions and the number of units traded.