Bybit Partners with Taxbit to Automate Global Tax Compliance for Crypto Traders

On November 10, 2025, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced a strategic collaboration with Taxbit, a leading provider of digital asset tax and accounting solutions. This partnership is designed to enhance Bybit's global tax compliance capabilities under the Crypto-Asset Reporting Framework (CARF) and the EU’s DAC8 directive, reflecting the exchange's commitment to a compliance-driven and user-friendly trading environment as international tax regulations evolve.

Through Taxbit’s industry-leading infrastructure, Bybit will enable automated CARF-compliant tax information reporting for its users, including entities under Bybit EU and Bybit Global. This ensures adherence to regulatory requirements across more than 70 jurisdictions worldwide, minimizing manual effort, reducing reporting errors, and providing users with greater confidence to trade seamlessly. Notably, users do not need to take any additional steps beyond providing basic onboarding information, as the process operates automatically in the background.

Robert MacDonald, Chief Legal and Compliance Officer of Bybit, emphasized, "At Bybit, compliance and transparency are at the heart of how we operate. Partnering with Taxbit allows us to meet new international tax standards while making the process as seamless as possible for our users. This collaboration ensures our community can trade confidently, knowing that we at Bybit take safety and customer compliance seriously."

Bybit selected Taxbit for its proven expertise in crypto tax automation, supported by certifications such as SOC 1 Type 2, SOC 2 Type 2, and ISO 27001, and over $235 million in funding. Lindsey Argalas, CEO of Taxbit, added, "We’re proud to support Bybit on its global CARF journey. Bybit’s proactive approach demonstrates real leadership in making regulatory compliance easy and accessible for digital asset users around the world." The partnership aligns with Bybit’s mission to deliver a trusted and innovative trading experience for its over 70 million users while navigating evolving regulatory landscapes.