Bulgaria Adopts EU Crypto Reporting Rules After Deadline
Bulgaria's parliament has approved new legislation requiring cryptocurrency service providers to register with the National Revenue Agency and report detailed user data, aligning the country with European Union tax transparency rules despite missing an earlier deadline. The National Assembly voted unanimously on September 9, 2026, with 149 votes in favor, none against, and 10 abstentions, to amend the Tax and Social Security Procedure Code. The changes were published in the official gazette on September 15, enabling their entry into force. The law transposes the EU's DAC8 directive, which establishes the automatic exchange of information on digital assets between member states' tax authorities. Under the new framework, crypto service providers must collect and submit user identification details, including full names, addresses, dates of birth, tax identification numbers, and countries of tax residence. They must also report transaction data covering purchases, sales, transfers, and exchanges of digital assets, including crypto-to-crypto transactions and external withdrawals to self-custody wallets. Internal transfers between self-custody wallets are not subject to reporting.