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Crypto’s path to legitimacy runs through the CARF regulation

All Cryptocurrencies

by COINS NEWS 9 Views

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.Β 

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