{"id":78171,"date":"2026-09-14T22:35:22","date_gmt":"2026-09-14T22:35:22","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bulgaria-passes-law-granting-tax-officials-full-crypto-data-access\/"},"modified":"2026-09-14T22:35:22","modified_gmt":"2026-09-14T22:35:22","slug":"bulgaria-passes-law-granting-tax-officials-full-crypto-data-access","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bulgaria-passes-law-granting-tax-officials-full-crypto-data-access\/","title":{"rendered":"Bulgaria Passes Law Granting Tax Officials Full Crypto Data Access"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bulgaria\u2019s National Assembly voted 149\u20130 on Sept. 9 to give the National Revenue Agency access to crypto user data.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Mandatory data reporting raises compliance costs for small crypto firms, threatening regional fintech competitiveness.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The law transposes 2 EU directives by Dec. 31, 2025, enabling cross-border data sharing to stop tax avoidance.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Lawmakers Approve EU-Aligned Legislation<\/h2>\n<p>Bulgaria\u2019s National Assembly on Sept. 9 <a href=\"https:\/\/sofiaglobe.com\/2026\/09\/09\/bulgarias-parliament-gives-tax-officials-access-to-information-on-crypto-users\/\" target=\"_blank\" rel=\"noopener noreferrer\">approved the final reading of amendments<\/a> to the Tax and Social Security Procedure Code that will give revenue officials access to detailed information on crypto\u2011asset users. Lawmakers voted 149\u20130 in the 240\u2011seat chamber, with 10 abstentions.<\/p>\n<p>The bill, introduced by the Cabinet, transposes two European Union (EU) <a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/eu-empowers-regulators-to-block-third-country-crypto-platforms\/\">directives aimed at improving tax transparency<\/a> and curbing tax evasion. Under the changes, tax authorities across the EU and partner jurisdictions will be able to exchange information on individuals and companies trading in crypto assets.<\/p>\n<p>The amendments require companies dealing in crypto assets to register and report user data to the <a href=\"https:\/\/portal.nra.bg\/en\" target=\"_blank\" rel=\"noopener noreferrer\">National Revenue Agency<\/a>. The information includes names, addresses, dates and places of birth, tax residency details and tax identification numbers.<\/p>\n<p>Providers must also submit transaction\u2011level data for each type of crypto asset handled, including the total gross amount received, the number of units traded, the number of purchases or sales against fiat currencies, and crypto\u2011to\u2011crypto transactions.<\/p>\n<p>EU member states were required to adopt the directives by Dec. 31, 2025. The measures are intended to close reporting gaps and strengthen efforts to combat <a href=\"https:\/\/www.bitcoin.com\/get-started\/how-is-cryptocurrency-taxed\/?_gl=1*mlk0fk*_gcl_au*OTk5NTQzMjAuMTc4OTMyOTIwMQ..*_ga*MTU3OTQwMTMwLjE3NzM3NjQ2MDc.*_ga_ERLPF60ZDD*czE3ODkzNzI1NTUkbzc0OSRnMCR0MTc4OTM3MjU1NSRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener noreferrer\">tax avoidance involving digital assets<\/a>.<\/p>\n<p>The vote triggered immediate discussion on social media, with privacy advocates criticizing the scope of data collection, calling it excessive and warning that mandatory disclosure of personal details could expose users to security risks. Others argued that the amendments go far beyond tax transparency and amount to <a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/eu-to-advance-mica-review-targeting-non-eu-stablecoin-rules\/\">surveillance of lawful digital\u2011asset activity<\/a>.<\/p>\n<p>Crypto traders and small businesses expressed concern about compliance costs. Some said the registration and reporting requirements would push smaller providers out of the market and make Bulgaria less competitive in the regional fintech sector.<\/p>\n<p>Supporters of the bill welcomed the move, saying it aligns Bulgaria with EU standards and helps prevent tax evasion. Financial\u2011policy commentators described the amendments as long overdue, noting that similar frameworks are already in place in other member states. The legislation is also seen closing a major loophole and will make cross\u2011border tax cooperation more effective.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/bulgaria-passes-law-granting-tax-officials-full-crypto-data-access\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bulgaria\u2019s National Assembly voted 149\u20130 on Sept. 9 to give the National Revenue Agency access to crypto user data. Mandatory data reporting raises compliance costs for small crypto firms, threatening regional fintech competitiveness. The law transposes 2 EU directives by Dec. 31, 2025, enabling cross-border data [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":78172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78171"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78171"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78172"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}