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Bybit Taps Taxbit for Automated CARF and DAC8 Reporting Across 70+ Jurisdictions

The integration enables background tax reporting after basic onboarding to reduce user friction.

Overview

  • The partnership will automate tax information reporting for users under the OECD’s CARF and the EU’s DAC8 rules.
  • Coverage includes entities operating under Bybit EU and Bybit Global to meet cross‑border regulatory obligations.
  • Compliance will span more than 70 jurisdictions, with tax data collection and submission handled automatically.
  • Bybit says users will not need to take extra steps beyond basic onboarding, as reporting runs quietly once activated.
  • Bybit cited Taxbit’s track record in crypto tax automation, and Taxbit pointed to its industry certifications and large-scale form issuance.