Bull Bitcoin asks French court to strike down DAC8 implementing decree
CoinTelegraph·
60-second summary
Bull Bitcoin is petitioning a French court to strike down a decree implementing DAC8, arguing it poses surveillance and physical risks to up to 135 million European crypto holders. The non-custodial exchange claims the rules infringe on users' rights and could lead to increased regulatory scrutiny, potentially affecting the entire European crypto market's growth and adoption.
The non-custodial Bitcoin exchange petitioned to annul a French decree implementing DAC8, arguing the rules could create surveillance and physical risks for up to 135 million European crypto holders.