DAC8 is a European Union directive designed to increase tax transparency within the cryptocurrency ecosystem and improve cross-border cooperation between EU tax authorities. As a crypto-asset service provider (CASP), BLOX is now required to report specific transaction data to the tax authorities. This can be seen as an important step towards the professionalisation of the sector, bringing cryptocurrencies into line with the long-standing regulatory standards used by traditional banks and investment firms.
For further details on how DAC8 affects your reporting obligations, please refer to the official information page (NL) from the tax authorities.