• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

OECD Launches Crypto Reporting Standards Effective 2027

user avatar

by Giorgi Kostiuk

6 hours ago


The OECD has developed a new Crypto-Asset Reporting Framework (CARF) set to be operational in 2027. This initiative aims to improve tax transparency in the cryptocurrency industry.

Overview of CARF

The Crypto-Asset Reporting Framework (CARF) by the OECD targets both centralized and decentralized exchanges, including NFT marketplaces. This framework aims to close information gaps in tax reporting for crypto assets.

Impact on Major Exchanges

The implementation of CARF will affect companies such as Coinbase, Binance, and Kraken, requiring them to adapt to new reporting obligations. This will lead to increased compliance costs and investments in blockchain infrastructure.

Historical Precedents in Regulation

Previous initiatives like the CRS provide a guiding framework for CARF, shaping the approach to reporting in digital assets. Experts suggest that the new regulations reflect a global trend towards increased transparency and regulatory compliance.

The introduction of CARF in 2027 marks a significant step towards ensuring tax transparency in the cryptocurrency space. This move underscores the commitment to establishing standards and fostering trust from regulators.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ruvi AI: How a New Project Could Outpace Tron in the Upcoming Bull Market

chest

Exploring why Ruvi AI could become a serious competitor to Tron, capturing investor interest.

user avatarGiorgi Kostiuk

Crypto Market Overview: Tron, SUI, and BlockDAG Prospects

chest

Analysis of the cryptocurrency market: Tron growth, SUI fluctuations after token unlocking, and BlockDAG's launch.

user avatarGiorgi Kostiuk

Nick Tomaino Supports Ethereum's Core Values Amid VC Rise

chest

Nick Tomaino asserts Ethereum's significance in the crypto industry, despite venture capital trends and corporate treasuries.

user avatarGiorgi Kostiuk

Price Predictions for Terra Classic (LUNC) 2025-2030

chest

Terra Classic (LUNC) shows signs of recovery after recent declines. Read about the predictions up to 2030.

user avatarGiorgi Kostiuk

MoonBull ($MOBU): The Future of Meme Coins in 2025

chest

The new meme coin MoonBull ($MOBU) launches with unique advantages, drawing attention from rivals and investors alike.

user avatarGiorgi Kostiuk

Overview of Promising Meme Coins for 2025: MoonBull, Neiro and More

chest

An exploration of exciting meme coins and their potential impact on the cryptocurrency market in 2025.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.