It is important to be less independent on fiat and pay more directly with bitcoin and then of course Lightning.
I pay tax on my bitcoin gains when I pay. But this is control. What is next?
What DAC8 Is
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DAC8 (Directive on Administrative Cooperation, 8th amendment) is the EU's framework for reporting crypto-asset transactions to tax authorities. It's based on the OECD's global Crypto-Asset Reporting Framework (CARF) and applies uniformly across all providers serving EU residents.
Bringin is built on regulated infrastructure. Our partner Striga (now part of Lightspark) holds the required MiCA license for crypto-asset services and customer protection. DAC8 is a separate framework that requires the collection and reporting tax data to authorities. MiCA happens behind the scenes; DAC8 is what requires action from you starting January 2026.
Here’s what this means for you as a Bringin user:
January 1, 2026 – Data collection begins. From this date, all regulated providers (including Bringin's infrastructure partners) must start tracking reportable transactions and collecting tax identification details from users.
May 2026 (in or around May 4): You’ll be prompted in-app to add your Tax Residence Country and TIN (one-time, quick update).
July 31, 2026 – Deadline to provide this information.
After July 31, 2026: We're required to pause bitcoin transactions for accounts missing tax information. Your euro services stay active. The services resume immediately once you provide your Tax Residence and TIN.
• Only bitcoin–euro conversions and your account info are reported. Transfers between your own wallets (onchain and Lightning) are not.
Note - You don’t have to file anything yourself. Our regulated partner (Striga) handles all reporting.