Estonia is set to implement DAC8 through draft Bill 795 SE, introducing new reporting and due diligence rules for crypto-asset service providers from 1 January 2026. The update aligns with OECD standards and enables automatic sharing of crypto-asset information across EU member states.
Estonia’s parliament is reviewing draft Bill 795 SE, submitted on 19 January 2026, which seeks to implement Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8). The bill introduces new reporting and due diligence requirements for crypto-asset service providers.
Approved by the European Council in October 2023, DAC8’s provisions are largely based on the OECD’s Crypto-Asset Reporting Framework (CARF) and the updated Common Reporting Standard (CRS) for automatic exchange of financial account information for tax purposes.
The draft law aims to strengthen tax cooperation and information exchange between EU member states by transposing updated rules from the Administrative Cooperation Directive into Estonian law, effective from 1 January 2026. It will increase transparency in crypto asset taxation by requiring crypto service providers to report exchange and transfer transactions, as well as large retail payments, in aggregated form to tax authorities.
