DAC8 is an EU directive that introduces tax reporting obligations for crypto-asset service providers. It applies from 1 January 2026, and its aim is to give tax authorities visibility into crypto activity in the same way they already have it for bank accounts.
Who does the reporting
Bringin is not the reporting entity. Bringin is the technology and intake layer — the app you use — while the regulated crypto-asset services behind it are provided by our infrastructure partner, Lightspark Payments Europe AS. As a MiCA-authorised provider, Lightspark Payments Europe is the "reporting crypto-asset service provider" (RCASP) under DAC8, and it submits the report to its local tax authority in Estonia. That authority then exchanges the information with the tax authority in your country of residence.
What we do is collect the information Lightspark Payments Europe needs to meet that obligation — which is why we asked you for your tax identification number.
What gets reported
Reported information is expected to include:
Identification details — your name, address, date of birth, country of tax residence and tax identification number (TIN).
Aggregated transaction data, per crypto-asset, per year — the total value and number of your purchases and sales against fiat currencies such as EUR; the total volume of crypto-to-crypto swaps; the total volume of incoming and outgoing transfers not covered by the above; and transfers to unhosted wallets, reported as fair market value and unit amounts.
Who this applies to
Reporting applies to users who are tax resident in the EU, and may extend to other participating countries outside the EU. It covers crypto-related activity — buying, selling, swapping and transferring — and not what you subsequently spend in EUR with your card.
What you need to do
If we've asked you for your TIN, please submit it. Under DAC8 the reporting provider must restrict reportable activity for users whose information is incomplete, so keeping it up to date keeps your account fully functional.
Beyond that, you remain responsible for understanding and meeting your own tax obligations. This article is general information, not tax advice — for advice on your situation, please speak with a qualified tax adviser.
Learn more
Official EU guidance on DAC8 is available on the European Commission's website.