According to The Crypto Basic, new OECD Crypto-Asset Reporting Framework (CARF) rules will take effect on January 1, 2026, requiring crypto platforms to submit detailed user data to tax authorities in 48 jurisdictions, including the UK and EU. These rules will enhance cross-border data sharing and increase compliance obligations for exchanges and users.
Crypto Industry Braces for OECD CARF Tax Rules Starting January 1
TheCryptoBasicShare
Summary
New cryptocurrency rules from the OECD’s Crypto-Asset Reporting Framework (CARF) will take effect on January 1, 2026, affecting 48 jurisdictions, including the UK and EU. Platforms must report user data to tax authorities, increasing compliance for exchanges and users. Inflation data and regulatory trends remain key factors for traders to monitor.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.