As EU Member States move towards greater transparency in crypto-asset transactions, SELA member DRP provides insights into Bulgaria’s implementation of DAC8 and its implications for crypto-asset service providers and investors.
The amendments to Bulgaria’s Tax and Social Insurance Procedure Code, published in the State Gazette on 15 September 2026, apply retroactively from 1 January 2026. Under the new framework, crypto-asset service providers are required to report client information and transaction data to the Bulgarian National Revenue Agency (NRA), which will exchange the information with other EU Member States and partner jurisdictions.
In its Legal Alert, DRP outlines the key regulatory changes, including reporting and registration requirements for providers operating with or without MiCA authorisation, customer due diligence obligations, and the scope of transactions subject to reporting.
The alert also highlights important compliance deadlines, including 15 December 2026 for due diligence on certain clients onboarded during 2026, 31 December 2026 for registration of operators without MiCA authorisation, and 30 June 2027 for the first annual reporting covering the 2026 calendar year.
While the amendments do not introduce new taxes for crypto-asset investors, they significantly expand tax authorities’ access to transaction information and increase compliance responsibilities for service providers.
Through this publication, DRP provides practical guidance to businesses and investors navigating Bulgaria’s evolving regulatory framework for digital assets.
Read the full Legal Alert: Bulgaria Implements DAC8: Crypto-Asset Reporting from 1 January 2026 / България въвежда DAC8: Отчитане на криптоактиви от 1 януари 2026 г. – Dinova Rusev & Partners law firm