DUBAI, UAE, Nov. 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency alternate by buying and selling quantity, at the moment introduced its collaboration with Taxbit, a number one supplier of digital asset tax and accounting options, to reinforce its world tax compliance capabilities beneath the Crypto-Asset Reporting Framework (CARF) and the EU’s DAC8 directive.
This partnership displays Bybit’s ongoing efforts to construct a compliance-driven and user-friendly buying and selling atmosphere as world tax laws evolve. By way of Taxbit’s industry-leading infrastructure, Bybit will allow automated CARF-compliant tax info reporting associated to its customers — together with entities beneath Bybit EU and Bybit World — guaranteeing adherence to regulatory necessities throughout greater than 70 jurisdictions across the globe.
“At Bybit, compliance and transparency are on the coronary heart of how we function,” mentioned Robert MacDonald, Chief Authorized and Compliance Officer of Bybit. “Partnering with Taxbit permits us to fulfill new worldwide tax requirements whereas making the method as seamless as doable for our customers. This collaboration ensures our neighborhood can commerce confidently, realizing that we at Bybit take security and buyer compliance significantly.”
With this integration, Bybit customers will take pleasure in seamless compliance with world necessities, minimizing handbook effort, lowering reporting errors, and offering customers confidence to commerce with ease. Importantly, customers don’t must take any further steps to take pleasure in these advantages past offering primary onboarding info. As soon as activated, the method operates within the background, permitting customers to concentrate on buying and selling whereas remaining compliant.
Bybit has chosen Taxbit to assist its CARF and DAC8 rollout, recognizing its robust monitor file and experience in crypto tax automation for each institutional and retail purchasers.
“We’re proud to assist Bybit on its world CARF journey,” mentioned Lindsey Argalas, CEO of Taxbit. “Bybit’s proactive method demonstrates actual management in making regulatory compliance straightforward and accessible for digital asset customers around the globe.”
The partnership underscores Bybit’s mission to align with worldwide regulatory frameworks whereas persevering with to ship a trusted, clear, and revolutionary buying and selling expertise for all customers.
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About Bybit
Bybit is the world’s second-largest cryptocurrency alternate by buying and selling quantity, serving a worldwide neighborhood of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a robust concentrate on Web3, Bybit companions strategically with main blockchain protocols to offer sturdy infrastructure and drive on-chain innovation. Famend for its safe custody, various marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and lovers to unlock the total potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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About Taxbit
Taxbit is the premier tax and accounting compliance platform designed by CPAs and tax attorneys to simplify compliance and reporting for digital belongings. Taxbit’s merchandise are utilized by among the largest crypto-asset service suppliers, fee processors, Fortune 500 enterprises, and authorities organizations worldwide. Taxbit has issued tons of of hundreds of thousands of tax kinds and processed billions of transactions – representing billions in asset worth – by way of our platform. Licensed with SOC 1 Sort 2, SOC 2 Sort 2 attestation, and ISO 27001 requirements, and backed by over $235 million in funding from high world buyers, Taxbit has established itself as a trusted market chief in digital asset compliance.
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