The post Bull Bitcoin Challenges France’s DAC8 Implementing Decree appeared on BitcoinEthereumNews.com.
Bitcoin exchange Bull Bitcoin said Wednesday that it had petitioned France’s Council of State (Conseil d’État) to strike down a French decree implementing the European Union’s DAC8 crypto tax reporting rules. DAC8 requires crypto service providers to collect users’ identity and transaction data and automatically report it to national tax authorities, which then exchange the information with their counterparts across EU member states. The directive went into effect on Jan. 1, 2026. The exchange said in a Wednesday press release that DAC8 risks creating a “mass database” linking legal identity and home addresses, including transactions with no relevance to taxation. “Against a backdrop of daily data leaks and a surge in kidnappings targeting crypto-asset holders, building such a database endangers the physical safety of millions of holders and their loved ones.” Bull Bitcoin said it fi
The post EU targets MiCA overhaul as US GENIUS Act reshapes stablecoin rules appeared on BitcoinEthereumNews.com.
The European Union has begun preparing changes to its Markets in Crypto-Assets framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other digital asset provisions from 2027. Summary The EU is preparing to revise MiCA after the U.S. GENIUS Act changed the global stablecoin regulatory landscape. Officials may expand MiCA to cover non-EU stablecoin issuers, tokenized payments, and tokenized deposits. ESMA will review crypto custody risks at licensed CASPs through the first half of 2027. According to a report published by Euronews on Wednesday, European Commission officials are preparing to revisit parts of the Markets in Crypto-Assets (MiCA) regulation as the bloc responds to changes in the global regulatory landscape. The report said the review will focus on how non-EU companies issuing stablecoins should be treated
The European Union has begun preparing changes to its Markets in Crypto-Assets framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other digital asset provisions from 2027. According to a report published…
The post Bull Bitcoin Files Landmark Legal Challenge To Annul France’s DAC8 Crypto Data Surveillance Rules appeared on BitcoinEthereumNews.com.
Bull Bitcoin exchange, recently licensed under MiCA, is challenging the European directive in French courts that sets up a mass surveillance database, putting millions of crypto users at risk. Bull Bitcoin, the world’s oldest Bitcoin-only and non-custodial exchange, recently licensed under MiCA by France’s financial markets regulator AMF, has filed a legal challenge before the Conseil d’État, France’s supreme administrative court. The challenge seeks to annul Decree No. 2025-1276, the main measure transposing the European DAC8 directive into French law, on the grounds that it creates a massive surveillance grid and database that institutions can not secure from leaks and data hacks, ultimately putting civilians at risk of kidnapping and physical harm. Alongside the legal action, the company is making dac8.com public: “a complete, fully source
The post DAC8 Crypto Tax Reporting Faces Bull Bitcoin Legal Challenge appeared on BitcoinEthereumNews.com.
A non-custodial Bitcoin exchange taking the French government to its highest administrative court over a tax reporting directive might sound like a long shot. But Bull Bitcoin’s legal challenge against the EU’s DAC8 crypto tax reporting framework is grounded in something far more visceral than regulatory disagreement — it’s about whether collecting and centralizing data on millions of crypto holders could get people killed. Key takeaways Bull Bitcoin filed a petition before the French Conseil d’État on February 24, 2026, to annul Decree No. 2025-1276, the French implementing measure for DAC8. DAC8 requires crypto service providers to collect user identity and transaction data and report it automatically to national tax authorities, with first reports due by September 30, 2027. France recorded 41 crypto-related kidnappings since the start of 2026 and 19 confirmed wrench attacks in
The post EU Parliament Signals Potential Expansion of Crypto Regulations appeared on BitcoinEthereumNews.com.
The European Parliament recently approved a policy document that suggests enhancing the regulatory framework for crypto assets within the European Union, extending beyond current MiCA guidelines. While the paper does not alter existing laws, it presents a strategic vision for the digital asset framework in the EU. Continue Reading:EU Parliament Signals Potential Expansion of Crypto Regulations Source: https://en.bitcoinhaber.net/eu-parliament-signals-potential-expansion-of-crypto-regulations
Bull Bitcoin's legal challenge could set a precedent for privacy rights in crypto, potentially reshaping EU regulatory approaches and data security.
The post Bull Bitcoin petitions French court to annul DAC8 decree, calling EU crypto surveillance ‘Kill Your Customer’ appeared first on Crypto Briefing.
The non-custodial Bitcoin exchange petitioned to annul a French decree implementing DAC8, arguing the rules could create surveillance and physical risks for up to 135 million European crypto holders.
The post EU Foreign Affairs Chief Kallas condemns Iran’s attacks on Bahrain and Kuwait appeared on BitcoinEthereumNews.com.
European Union (EU) Foreign Affairs Chief Kaja Kallas said during the European trading session on Wednesday that exchanges of fire between the United States (US) and Iran further complicate already fraught talks to end the war. Additional remarks Next Monday, EU foreign ministers will meet with Gulf counterparts to discuss how they can support implementation of the agreement and preserve freedom of navigation in the strait as well as the Red Sea. Iran’s attacks on Bahrain and Kuwait are unacceptable. Market Reaction No immediate reaction was seen in the US Dollar (USD) following remarks from EU’s Kallas. At press time, the US Dollar Index (DXY) tardes 0.15% lower at around 100.95. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period
