Replying to Avatar Cyph3rp9nk

With the new DAC8 directive coming into effect on January 1, 2026, all exchanges with European customers will be required to report all their transactions to local tax authorities.

Remember that there are P2P exchanges without KYC, such as Bisq and Robosats. In my case, I have been using Robosats for years and have had zero problems.

If you don't do anything to defend yourself, don't complain later; you're just a coward.
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The_Dude 3w ago

I can't wrap my head around it. You send money from a traditional bank account to a robosats/bisq escrow account and receive Non-KYC Bitcoin in return? Seems like a contradiction. What am I missing?

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Cyph3rp9nk 3w ago

I don't understand what you're saying.

P2P exchanges like Bisq are not going to comply with DAC8; that's why we have to use them.