OECD activates global crypto tax reporting regime across 48 countries #
The OECD’s Crypto-Asset Reporting Framework (CARF) has now been activated across 48 countries, marking a major step toward coordinated global tax transparency for digital assets. The framework requires crypto service providers to collect and share information on users’ transactions and holdings with tax authorities, addressing long-standing gaps in the reporting of crypto-related income and capital gains
CARF is designed to align crypto reporting with existing international standards for financial account transparency, extending oversight to exchanges, brokers, and other intermediaries involved in crypto transactions. Participating jurisdictions are expected to begin exchanging data from 2027, giving authorities greater visibility into cross-border crypto activity and reducing opportunities for tax evasion as digital asset adoption continues to grow.