CoinScoopFrench court rejects emergency bid to halt EU DAC8 data rules
The French Council of State rejected an emergency application from crypto firms Bull Bitcoin and Paymium to suspend the implementation of the EU's DAC8 directive. The court ruled that the applicants failed to demonstrate the urgency required for a stay. The directive, which mandates the collection of user data, took effect on January 1, 2026, with the first reporting deadline set for September 30, 2027.
Summaries are written by AI from the original article. Not investment advice.