What is DAC8?
DAC8 is an EU directive that introduces new tax reporting obligations for crypto-asset service providers. Its goal is to improve tax transparency by requiring certain transaction data to be reported to participating tax authorities.
When does DAC8 apply?
DAC8 applies from January 1, 2026.
How does this relate to Bitrefill?
Under DAC8, companies that provide crypto asset services (aka "RCASPs", or "reporting crypto asset service providers") will be required to report certain user and transaction information to tax authorities.
While Bitrefill does not provide crypto asset services (and therefore DAC8 reporting does not apply to purchases made at Bitrefill.com), our card partner in the European Union, Lightspark Payments Europe (LSP EU), does, and is therefore covered by these reporting obligations.
Are Bitrefill Card transactions affected?
The transposition of the directive is still ongoing, so information on implementation is subject to change. As far as we can tell, transactions involving crypto made in the context of the Bitrefill Card (namely, the top-up of the card with crypto, which comprises an exchange into Euro) will fall within the scope of DAC8 reporting. This means that our partners will be obliged to report information related to those top-ups to their local tax authority, in Estonia.
According to the official website:
"RCASPs are required to collect information pertaining to transactions of their non-resident investors for the reporting year according to the customer due-diligence obligations of the directive. This information is sent by RCAS to their national tax authorities in the calendar year following the reporting year. The information is then exchanged with tax authorities of the EU country of residence of the non-resident investor within 9 months of the reporting year. Therefore, the exchanges relating to the first reporting year will take place by 30 September 2027."
What information may be reported?
Where required by law, reported information may include:
- Basic identification details, such as your name, address, country of tax residence, tax identification number (TIN), and date of birth.
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Aggregated transaction data — For each type of crypto-asset, this may include yearly totals such as:
- Amounts bought or sold
- Total value of transactions
- Number of transactions
This information is expected to be reported in aggregate, not as a detailed list of individual transactions.
Only information required by law is reported, and reporting applies primarily to EU tax residents, although it may include other participating countries outside of the EU.
Users are responsible for understanding and complying with their local tax obligations.
Do I need to give my tax details?
It depends on when you opened your Bitrefill Card account.
- Opened on or after 1 January 2026: you gave your tax residence country and tax identification number (TIN) when you signed up. You don't need to do anything.
- Opened before 1 January 2026: our card partner, Lightspark Payments Europe (LSP EU), needs your tax residence country (or countries) and your TIN. If yours are missing, you may see a notice asking you to update your personal information on your Bitrefill Card page, or have an email from us with a link. If you see neither and aren't sure, contact our support team and we'll check for you.
What is the deadline?
If you opened your account before 1 January 2026, please add your details by 31 December 2026. This replaces the earlier dates of 31 July and 30 September 2026 in our previous emails.
What happens if I miss the deadline?
From 1 January 2027, crypto transactions on your Bitrefill Card account will be blocked until you add your details. Your account stays open, and only crypto transactions are affected. As deposits to the card are made in crypto, this means you won't be able to add money to your card. You can still pay with your card using your euro balance, and cash out your euro balance to a bank account in your name (cash out isn't available to Swedish residents).
If you don't add your details by the deadline, our card partner may also pause all activity on your account until you do.
How do I add my tax details?
- Open your Bitrefill Card page in the Bitrefill app or on bitrefill.com.
- If you see a notice asking you to update your personal information, open it.
- Follow the steps to add your tax residence country and TIN.
You can also use the link in our email. If you don't see the notice, or the link has expired or doesn't work, contact our support team and we'll send you a new link.
What if my country doesn't issue a TIN?
In many countries, your tax identification number is the same as your national ID or social security number. If you're not sure what yours is, check with your local tax authority.
Our card partner needs a TIN, and there's no alternative for now. Without one, the same rules apply as for a missed deadline: from 1 January 2027, crypto transactions on your account will be blocked, so you won't be able to add money to your card. You can still pay with your card and cash out your euro balance (cash out isn't available to Swedish residents). Our card partner may also pause all activity on your account until a TIN is added.
Does this apply to all Bitrefill customers?
No. This only applies to Bitrefill customers that cumulatively have their tax residency in the EU (or other participating countries) and have a Bitrefill Card, and only in respect to crypto-related Bitrefill Card activity (e.g., crypto to EUR card top-ups). What you purchase with your Bitrefill Card in EUR is not covered by this reporting obligation.
Furthermore, your other purchases on Bitrefill.com (e.g. gift cards, eSIMs, phone top-ups) are not covered by this reporting obligation.
Does this apply to any other crypto services?
Yes. To the extent you are an EU tax resident using a duly licensed EU crypto-asset service provider, you should assume that such crypto-asset service provider will be reporting to their local tax authority about the aggregate amounts of your crypto activity.
Where can I learn more?
You can consult official EU guidance on DAC8 — here is the official website — or speak with a qualified tax advisor for advice specific to your situation.