Through [ANAF Order No. 608/2026], published in the Official Gazette No. 436 of 25 May 2026, the National Agency for Fiscal Administration operationalizes control and reporting mechanisms for transactions involving virtual currencies, strengthening the framework introduced by [Government Emergency Ordinance No. 71/2025] and aligned with [Article 291^6 of Law No. 207/2015 on the Tax Procedure Code].
Thank you for reading this post, don't forget to subscribe!The immediate impact on operators in the crypto sector is a significant increase in tax compliance and reporting obligations. Crypto-asset service providers become entities subject to extended due diligence, customer identification, and periodic data submission requirements to ANAF, with a direct effect on operational costs and internal compliance architecture.
From a legal-tax perspective, the regime is aligned with Directive (EU) 2023/2226 (DAC8), which introduces automatic exchange of information between Member States regarding holders and users of digital assets. National implementation requires the use of a standardized electronic form and annual reporting of transactions within up to 9 months after the end of the fiscal year.
Reporting obligations are expanded and detailed. They include user identification data (name, address, tax identification number, date and place of birth), as well as transaction information: purchases, sales, transfers between wallets, or conversions between crypto-assets. All values must be expressed in a single fiat currency to ensure tax comparability.
A major operational impact element is the introduction of a forced compliance mechanism at user level. In cases where users refuse to provide identification data, after two notifications and a 60-day deadline, the provider is required to suspend access to trading services. From a risk perspective, this measure transfers part of the tax responsibility directly to the end user.
In parallel, operators are required to retain compliance documentation for 5 to 10 years, and non-compliance may lead to severe administrative sanctions, including deregistration or restriction of access to platforms, based on cooperation mechanisms with national authorities.