As a regulated service provider operating within the European Union, Bringin is legally obligated to comply with the EU’s Directive on Administrative Cooperation (DAC8). These tax transparency rules require all crypto asset service providers to report certain financial data to tax authorities.
While we are required by law to share this information, we remain deeply committed to your privacy. We only report the minimum data required for regulatory compliance, which is strictly aggregated.
What We Do NOT Report
To protect your privacy, we ensure that:
No individual transaction history is ever shared.
No personal wallet addresses are reported to tax authorities.
What Actually Gets Reported?
Instead of individual activity, we are required to submit a strictly aggregated annual report per asset type. This yearly report only includes the following details:
Fiat Transactions: The total value and count of your purchases and sales against fiat currencies (such as EUR).
Crypto Swaps: The total volume of your crypto-to-crypto swaps.
Other Transfers: The total volume of incoming and outgoing crypto transfers that aren't covered by fiat transactions or swaps.
Unhosted Wallets: Any transfers made to unhosted wallets (reported only as fair market value and unit amounts).