France’s Council of State has rejected an emergency motion by cryptocurrency companies Bull Bitcoin and Paymium to suspend Decree No. 2025-1276, which implements the European Union’s DAC8 crypto tax-reporting rules in French law. The court said claims that concentrating virtual-asset identities and transaction records in a centralized tax database could create immediate risks of hacking or physical crime did not meet the urgency threshold; a mere possibility or very low-probability risk was insufficient. The ruling did not decide the decree’s legality. A separate lawsuit seeking its complete annulment remains active, while DAC8 reporting for calendar year 2026 is due by Sept. 30, 2027.