# DeGate Playbook

> Reference library on EU crypto tax compliance, on-chain stocks, CEX alternatives, and self-custody for active DeFi. Written by the team behind a self-custodial multichain wallet. Each reference is evidence-driven editorial preparation — not personal tax or legal advice.

For DeGate company and product context, see https://degate.com/en/llms.txt.
For the full concatenated reference corpus, see https://degate.com/playbook/llms-full.txt.
Italian (IT) index: https://degate.com/playbook/it/llms.txt.
Spanish (ES) index: https://degate.com/playbook/es/llms.txt.
French (FR) index: https://degate.com/playbook/fr/llms.txt.

## Topics

### DAC8 & EU Crypto Tax Compliance

- [French Crypto Tax in 2026: The 31.4% Flat Tax, What Counts as a Sale, Foreign Accounts, and DAC8](https://degate.com/playbook/french-crypto-tax-2026.md): A pre-adviser reference for French crypto holders: the 31.4% flat tax, what counts as a taxable disposal, the €305 line, form 3916-bis, and DAC8 in France. (updated 2026-08-13)
- [Spanish Crypto Tax in 2026: Modelo 721, IRPF, Wealth Tax, and DAC8](https://degate.com/playbook/spanish-crypto-tax-2026.md): A pre-asesor reference for Spanish crypto holders: Modelo 721 and self-custody, the permuta and FIFO rules, wealth taxes, and DAC8's arrival in Spain. (updated 2026-08-13)
- [Tokenized Stocks in Europe: How EU Reporting and National Tax Rules Classify the Wrapper](https://degate.com/playbook/tokenized-stocks-eu-tax-classification.md): Are tokenized stocks crypto or financial instruments? How MiCA, MiFID II, DAC8/CARF and national tax rules in Italy, France and Spain classify the wrapper. (updated 2026-08-13)
- [Do Exchange Withdrawals to Self-Custody Get Reported Under DAC8?](https://degate.com/playbook/dac8-self-custody-withdrawals.md): A reference on DAC8 reporting and self-custody for European crypto-asset users moving funds off centralized exchanges in 2026. (updated 2026-08-13)
- [Italian Crypto Tax in 2026: A Reference on Quadro RW, Quadro RT, and DAC8](https://degate.com/playbook/italian-crypto-tax-2026.md): A pre-commercialista reference for Italian crypto holders: the 2026 capital-gains rate, Quadro RW, Quadro RT, ravvedimento operoso, DAC8, and records. (updated 2026-08-13)
- [What Happens to Your Exchange Data After You Move Crypto to Self-Custody?](https://degate.com/playbook/exchange-data-after-self-custody.md): KYC records, DAC8 reporting, and the limits of what self-custody changes. (updated 2026-07-17)
- [Where Do European Crypto Exchanges Report Under DAC8?](https://degate.com/playbook/dac8-exchange-reporting-paths.md): A reference on DAC8 reporting paths — same member state, cross-border EU exchange, and non-EU CASPs — and why exchange location is not a loophole. (updated 2026-06-25)

### On-chain Stocks

- [How Tokenized Stock Dividends Work: xStocks Rebasing, Ondo Total-Return Pricing, and Dinari Stablecoin Distributions](https://degate.com/playbook/tokenized-stock-dividends-mechanisms.md): How dividends from xStocks, Ondo, Dinari, bStocks, Robinhood Stock Tokens, and Coinbase Tokenized Stocks show up in a self-custody wallet. (updated 2026-09-22)
- [What Is the Tokenized Stock in Your Wallet? Four Issuance Models Compared](https://degate.com/playbook/tokenized-stock-issuance-models.md): What a tokenized stock legally is depends on its issuer, not the ticker: xStocks, Ondo, Dinari, Binance bStocks, and Robinhood Classic compared. (updated 2026-09-10)
- [Stocks Are Coming to Crypto. What Is Crypto Becoming?](https://degate.com/playbook/crypto-becoming-a-financial-rail.md): A dated thesis: stablecoins become investment cash, platforms compete for the whole account, and stock tokens leave their apps. And what would prove it wrong. (updated 2026-08-26)
- [Why Buy a Stock On-Chain If You Can Already Buy It From a Broker?](https://degate.com/playbook/tokenized-stocks-vs-broker.md): When a tokenized stock adds something a broker cannot: stablecoin funding, wallet-first access, executable liquidity, and DeFi collateral use. (updated 2026-08-26)
- [How Arbitrage Keeps Tokenized Stock Prices in Line — and Why It Can't Work Perfectly 24/7](https://degate.com/playbook/tokenized-stock-arbitrage-price-alignment.md): Who keeps tokenized stock prices close to the underlying — the arbitrage loop, what it needs to run, and the structural limits that cap 24/7 alignment. (updated 2026-08-26)
- [How Tokenized Stocks Enter Self-Custody Wallets: Secondary Markets, Exchange Withdrawals, and Direct Minting](https://degate.com/playbook/how-tokenized-stocks-enter-self-custody.md): How tokenized stocks reach a self-custody wallet — secondary-market swaps, exchange withdrawals, and direct minting — and what each route changes. (updated 2026-08-26)
- [Why 24/7 Tokenized Stocks Do Not Mean 24/7 Price Discovery](https://degate.com/playbook/tokenized-stocks-24-7-price-discovery.md): Tokenized stocks trade on-chain 24/7, but the underlying US market — and its price discovery — does not. Where the off-hours gap matters. (updated 2026-08-26)
- [On-chain Stocks for Self-Custody Wallet Users: A 2026 Reference](https://degate.com/playbook/on-chain-stocks-self-custody.md): A 2026 reference on tokenized stocks in self-custody — issuer structures (xStocks, bStocks, Ondo, Dinari), the wallet-native path, risk layers, and reporting. (updated 2026-08-26)
- [Tokenized Stocks in Europe: How EU Reporting and National Tax Rules Classify the Wrapper](https://degate.com/playbook/tokenized-stocks-eu-tax-classification.md): Are tokenized stocks crypto or financial instruments? How MiCA, MiFID II, DAC8/CARF and national tax rules in Italy, France and Spain classify the wrapper. (updated 2026-08-13)
- [Did You Buy a Stock, a Contract, or a Token? How to Check](https://degate.com/playbook/stock-contract-or-token-how-to-check.md): One stock label can mean a brokerage position, a platform contract, or an on-chain token. Three questions identify the form, withdrawal path, and legal claim. (updated 2026-07-31)
- [Robinhood Stock Tokens: What You Hold and What You Can Withdraw](https://degate.com/playbook/robinhood-stock-tokens.md): Robinhood has two stock-token products: Classic EU app contracts and Jersey-issued onchain Stock Tokens. What you hold and what you can withdraw. (updated 2026-07-31)
- [You Can Buy NVIDIA On-Chain. Many AI Supply-Chain Stocks Still Don't Have Tokenized Versions — Here's Why](https://degate.com/playbook/tokenized-ai-stocks-availability.md): Where tokenized AI-stock coverage really sits, and how to check any stock through four filters: buyable, withdrawable, holdable, usable in DeFi. (updated 2026-07-29)
- [Ondo Perps: What Changes When Tokenized Stocks Become Collateral](https://degate.com/playbook/ondo-perps-tokenized-stock-collateral.md): Ondo Perps lets tokenized stocks serve as perpetual-futures collateral. What the collateral legally is, which Ondo entity runs what, and where risks stack. (updated 2026-07-10)
- [Tokenized Stocks Issuer Failure: Recovery Paths for xStocks, Ondo, and Dinari](https://degate.com/playbook/tokenized-stocks-issuer-failure-recovery.md): How recovery works if a tokenized stocks issuer fails: Jersey SPV (Backed), BVI SPV (Ondo), SEC transfer agent (Dinari), bStocks, and Robinhood Stock Tokens. (updated 2026-07-10)

### CEX Alternative

- [You Bought Stocks on a Crypto Exchange. Can You Actually Take Them With You?](https://degate.com/playbook/cex-stocks-withdrawal-self-custody.md): Stocks bought on a crypto exchange may be a brokerage position, a platform contract, or an on-chain token — only one can leave for a self-custody wallet. (updated 2026-08-26)
- [What Happens to Your Crypto When an Exchange Loses Its MiCA Authorisation](https://degate.com/playbook/exchange-not-mica-authorised.md): What ESMA requires an unauthorised crypto exchange to do as it winds down, the protection its clients have, and an orderly-exit checklist for your assets. (updated 2026-08-13)
- [Can Self-Custody Replace a CEX? What You Can and Cannot Do Without Coinbase or Binance](https://degate.com/playbook/can-self-custody-replace-cex.md): Which centralized-exchange functions a self-custody setup can actually replace — holding, swaps, DeFi — and where fiat rails, support, and limits remain. (updated 2026-08-13)
- [Best CEX Alternatives for Self-Custody in 2026: How to Move Off Coinbase or Binance Safely](https://degate.com/playbook/cex-alternatives-self-custody.md): How to move off Coinbase or Binance to self-custody in 2026 — which CEX alternative fits your use case, and how to migrate without losing funds. (updated 2026-08-13)
- [The Exchange Says It Is Shutting Down: How to Read the Deadlines and Exit Safely](https://degate.com/playbook/exchange-shutdown-how-to-read-the-deadlines.md): BitMEX and BitMart announced planned shutdowns days apart. How to map the dates in an official notice, preserve records, and exit before options narrow. (updated 2026-07-31)
- [USDT in the EU After MiCA: What Delisting Means If You Self-Custody](https://degate.com/playbook/usdt-eu-mica-delisting.md): USDT delisting in the EU is a platform event, not an asset ban. What MiCA changes, why USDT stayed available so long, and what it means if you self-custody. (updated 2026-07-31)
- [From a Self-Custody Wallet to a Euro Bank Account: How EU Off-Ramps Work](https://degate.com/playbook/eu-off-ramp-wallet-to-bank.md): Where the handoff to a regulated provider happens, what it costs, and how to verify an EU off-ramp before you send anything. (updated 2026-07-17)
- [What MiCA Changes About Leaving a Centralized Exchange — and What It Doesn't](https://degate.com/playbook/mica-leaving-a-centralized-exchange.md): How MiCA reshapes the CEX-versus-self-custody choice for EU users: what it changes on the exchange side, what it leaves untouched in self-custody. (updated 2026-07-10)

### Self-custody for Active DeFi

- [How to Separate Crypto Between a Daily Wallet, Hardware Wallet, and Optional Exchange](https://degate.com/playbook/separate-crypto-exchange-software-hardware-wallet.md): A beginner's plan for separating fiat access, everyday on-chain activity, and a hardware-backed reserve without requiring an exchange account. (updated 2026-09-30)
- [Why Self-Custody Still Matters: Privacy, Property, and Financial Autonomy](https://degate.com/playbook/why-self-custody-still-matters.md): A beginner's guide to how self-custody changes control, privacy, and everyday use while reducing unnecessary centralized accounts. (updated 2026-09-30)
- [Can You Earn Yield From a Self-Custody Wallet? What Happens to Your Assets While They Earn](https://degate.com/playbook/earn-yield-self-custody-wallet.md): Where your assets actually go when a wallet balance starts earning, where the yield comes from, and how to tell whether it is still self-custody. (updated 2026-08-14)
- [Can You Trade Perpetuals From a Self-Custody Wallet? What Actually Happens to Your Margin](https://degate.com/playbook/perpetuals-self-custody-wallet.md): A self-custody wallet signs your on-chain perpetuals, but your margin sits in a protocol account, not at your address. What changes, and what stays like a CEX. (updated 2026-08-14)
- [Using a Self-Custody Wallet as Your Main DeFi Account: Where Your Assets Actually Sit](https://degate.com/playbook/self-custody-wallet-defi-account.md): Where your assets actually sit when you use a self-custody wallet to swap, earn, bridge, and trade, and the check to run before you sign. (updated 2026-08-14)
- [How to Choose Your First Self-Custody Wallet](https://degate.com/playbook/first-self-custody-wallet-how-to-choose.md): Choose your first self-custody wallet by recovery model, intended use, amount, and activity level before comparing brands. (updated 2026-07-31)

## Country spotlights

### Italy

- [Italian Crypto Tax in 2026: A Reference on Quadro RW, Quadro RT, and DAC8](https://degate.com/playbook/italian-crypto-tax-2026.md): A pre-commercialista reference for Italian crypto holders: the 2026 capital-gains rate, Quadro RW, Quadro RT, ravvedimento operoso, DAC8, and records. (updated 2026-08-13)

### Spain

- [Spanish Crypto Tax in 2026: Modelo 721, IRPF, Wealth Tax, and DAC8](https://degate.com/playbook/spanish-crypto-tax-2026.md): A pre-asesor reference for Spanish crypto holders: Modelo 721 and self-custody, the permuta and FIFO rules, wealth taxes, and DAC8's arrival in Spain. (updated 2026-08-13)

### France

- [French Crypto Tax in 2026: The 31.4% Flat Tax, What Counts as a Sale, Foreign Accounts, and DAC8](https://degate.com/playbook/french-crypto-tax-2026.md): A pre-adviser reference for French crypto holders: the 31.4% flat tax, what counts as a taxable disposal, the €305 line, form 3916-bis, and DAC8 in France. (updated 2026-08-13)

## Contact

Corrections, primary-source updates, and editorial input: corrections@degate.com