DAC8 XML Schema: Structure and Technical Requirements
The XML schema is the backbone of DAC8 reporting. Every CASP must generate reports in a specific XML format that conforms to the DAC8/CARF standard. Understa...
DAC8 Reportable Transactions: What Must Be Declared
Understanding exactly which transactions must be declared under DAC8 is fundamental to compliance. This article provides a detailed analysis of each transact...
DAC8 Data Fields: Complete List of Required Information
DAC8 requires CASPs to collect and report a comprehensive set of data fields for each reportable user and their transactions. This article provides the defin...
DAC8 Reporting Deadlines: Key Dates by Member State
Meeting DAC8 reporting deadlines is critical. This article outlines the key dates in the DAC8 reporting calendar and explains how deadlines may vary across E...
DAC8 and TIN Collection: Practical Guide for CASPs
Tax Identification Number collection is one of the most operationally challenging aspects of DAC8 compliance. This guide provides practical strategies for CA...
DAC8 Self-Certification Process: How to Collect Tax Residency Data
The self-certification is a formal declaration by the user confirming their jurisdiction(s) of tax residency. It is a cornerstone of the DAC8 due diligence p...
DAC8 Due Diligence Procedures: Step-by-Step Compliance Guide
DAC8 prescribes specific due diligence procedures that CASPs must follow to identify reportable users and collect the required information. This guide walks ...
DAC8 and Aggregate vs Transaction-Level Reporting
One of the most important technical decisions in DAC8 implementation is understanding the level of detail required in reports. DAC8 follows an aggregate repo...
DAC8 Nil Reporting: When and How to File
Nil reporting — submitting a report that declares no reportable transactions — is an important but often overlooked aspect of DAC8 compliance. This article e...
DAC8 Correction and Amendment Procedures
Errors in DAC8 reports are inevitable. Understanding the correction and amendment procedures is essential for maintaining compliance when mistakes are discov...
DAC8 Reporting for Custody Services
Custody services — holding crypto-assets on behalf of clients — represent one of the core CASP activities covered by DAC8. This article examines the specific...
DAC8 Reporting for Exchange Services (Fiat-to-Crypto and Crypto-to-Crypto)
Exchange services form the largest category of reportable activity under DAC8. This article covers the specific reporting requirements and challenges for CAS...
DAC8 Reporting for Transfer Services
Transfer services — enabling the movement of crypto-assets between addresses — present unique reporting challenges under DAC8. This article examines the spec...
DAC8 and Stablecoins: Reporting Requirements
Stablecoins occupy a unique position within DAC8's reporting framework. As crypto-assets designed to maintain a stable value relative to a reference asset, t...
DAC8 and NFTs: Are Non-Fungible Tokens in Scope?
The treatment of non-fungible tokens (NFTs) under DAC8 is one of the directive's most debated aspects. While the core framework clearly covers fungible crypt...
DAC8 and MiCA: How the Two EU Frameworks Interact
DAC8 and MiCA are the twin pillars of the EU's regulatory approach to crypto-assets. While MiCA focuses on market conduct, consumer protection, and prudentia...
MiCA-Licensed CASPs and DAC8 Obligations: What You Need to Know
Obtaining a MiCA license is a significant milestone for any CASP. But it also triggers a set of DAC8 obligations that licensed entities must understand and p...
DAC8 Compliance for MiCA-Registered Exchanges
Crypto exchanges represent the largest category of MiCA-licensed CASPs and generate the highest volume of DAC8-reportable transactions. This article addresse...
How MiCA Authorization Impacts DAC8 Reporting
The process of obtaining MiCA authorization has direct implications for a CASP's DAC8 obligations. This article examines how the authorization timeline and r...
DAC8 and MiCA: Shared Data Requirements
DAC8 and MiCA require CASPs to collect overlapping sets of data from their users. This article maps the shared data requirements and identifies opportunities...
The MiCA-DAC8 Compliance Calendar: Overlapping Deadlines
Managing the overlapping timelines of MiCA and DAC8 is a critical project management challenge for CASPs. This article provides a consolidated compliance cal...
MiCA Travel Rule and DAC8 Reporting: Synergies and Gaps
MiCA's implementation of the Travel Rule — requiring CASPs to share originator and beneficiary information for crypto-asset transfers — creates synergies wit...
How to Align Your MiCA and DAC8 Compliance Programs
Building separate compliance programs for MiCA and DAC8 is inefficient and increases the risk of inconsistencies. This article provides a practical guide to ...
DAC8 Reporting for MiCA-Exempt Services
Certain crypto-asset services may be exempt from MiCA authorization under specific conditions. This article examines whether such exemptions also apply to DAC8.
MiCA Categories of Crypto-Assets and DAC8 Reporting Scope
MiCA classifies crypto-assets into distinct categories, each with different regulatory treatment. This classification directly affects how these assets are r...
DAC8 Compliance for Centralized Exchanges
Centralized exchanges (CEXs) are the most prominent category of CASPs and will generate the largest volume of DAC8-reportable data. This article addresses th...
DAC8 Compliance for Crypto Custody Providers
Pure custody providers — entities that safeguard crypto-assets without providing exchange or trading services — have distinct DAC8 obligations that differ fr...
DAC8 Compliance for Crypto Brokerages
Crypto brokerages — entities that execute trades on behalf of clients, often routing orders to multiple exchanges or liquidity providers — occupy a specific ...
DAC8 Compliance for Payment Service Providers
Payment service providers (PSPs) that facilitate crypto-asset payments — enabling users to pay for goods and services using crypto-assets — face specific DAC...
DAC8 Compliance for DeFi Platforms: Current Scope and Future Risks
Decentralized finance (DeFi) platforms present one of the most challenging classification questions under DAC8. While purely decentralized protocols currentl...
DAC8 Obligations for Non-EU Platforms Serving EU Clients
Non-EU CASPs that serve EU-resident clients cannot avoid DAC8 obligations by being incorporated outside the EU. This article examines the specific requiremen...
DAC8 for Traditional Financial Institutions Offering Crypto Services
Banks, investment firms, and other traditional financial institutions that have begun offering crypto-asset services face a unique DAC8 compliance situation....
DAC8 Compliance for Crypto ATM Operators
Crypto ATM operators — entities that operate physical machines enabling users to buy or sell crypto-assets for cash — represent a niche but important categor...
DAC8 for Staking and Lending Platforms
Staking and lending platforms allow users to earn returns on their crypto-assets by participating in proof-of-stake networks or by lending their assets to bo...
DAC8 Compliance for White-Label Exchange Providers
White-label exchange providers supply the technology infrastructure that enables other companies to operate crypto exchanges under their own brand. This arti...