Bulgaria Passes Crypto Tax Law Requiring Providers to Report Customer Info

Bulgaria has become one of the first European Union countries to introduce concrete deadline for its crypto tax law, requiring licensed exchanges and wallet providers operating in the country to hand over customer records to the state. The bill passed with a wide margin of 149-0 votes on September 9.

The new law transposes the EU's DAC8 directive, which aims to track crypto income like traditional financial activities. Crypto companies must now register with Bulgaria's National Revenue Agency and report detailed customer identity, tax residency, and all transaction data, including purchases, sales, transfers, and exchanges involving fiat or crypto assets.

While some might view the delay in implementing this law as significant, it is worth noting that data collection started on January 1, 2026, as intended by the EU. The first full reporting year is expected to be in 2027, with reports due at the tax agency by June 30 of that year.