CARF | Crypto

The CARF regulation, which brings crypto under global tax reporting standards akin to traditional finance, marks a crucial turning point. Opinion by: Alice Frei, head of security and compliance at Outset PR More than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise. First up are the UK and the EU. Singapore, the UAE, Hong Kong and the US are on deck next, with plans to roll out in 2028.  Read more

Switzerland has approved automatic crypto-asset data exchange with 74 jurisdictions under OECD’s CARF. It includes EU countries and most G20 members but excludes the United States and Saudi Arabia. Data sharing begins in 2027 if partner states meet reciprocity and compliance standards. The post Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF appeared first on Cryptonews.