Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Taxbit, a leading provider of tax and accounting solutions for digital assets. This collaboration, unveiled on November 10, 2025, in Dubai, UAE, aims to strengthen Bybit’s global tax compliance capabilities in alignment with the Crypto-Asset Reporting Framework (CARF) and the European Union’s DAC8 directive.
The partnership highlights Bybit’s commitment to fostering a compliant and user-friendly trading environment as global tax regulations evolve. By leveraging Taxbit’s advanced infrastructure, Bybit will enable automated reporting of CARF-compliant tax information for users within both its EU and global operations. This initiative ensures compliance with regulatory requirements across more than 70 jurisdictions worldwide.
“Our focus on compliance and transparency is foundational to our operations,” said Robert MacDonald, Chief Legal and Compliance Officer at Bybit. “This partnership with Taxbit allows us to meet new international tax standards while making the process seamless for our users. Our community can trade confidently, knowing that compliance is a priority for us.”
Through this integration, Bybit users will experience streamlined compliance with global tax requirements. The process minimizes manual efforts, reduces the risk of reporting errors, and enhances user confidence in trading activities. Notably, users will not need to undertake additional steps beyond providing basic onboarding information. Once activated, the compliance process operates in the background, allowing users to focus on trading.
Bybit selected Taxbit for its CARF and DAC8 rollout due to its proven track record in crypto tax automation for both institutional and retail clients. Lindsey Argalas, CEO of Taxbit, expressed pride in supporting Bybit on this regulatory journey. “Bybit’s proactive approach demonstrates real leadership in making regulatory compliance accessible for digital asset users globally,” she stated.
This partnership underscores Bybit’s mission to align with international regulatory frameworks while continuing to provide a trusted and innovative trading experience. Bybit aims to empower its users by ensuring that they can navigate the evolving landscape of cryptocurrency regulations with confidence.
Founded in 2018, Bybit serves over 70 million users and has positioned itself as a leader in the cryptocurrency exchange market. The company emphasizes transparency and user engagement, striving to create a robust ecosystem that bridges traditional finance and decentralized finance.
For further information about Bybit and its services, visit their official website.
