The Register - 48-nation bloc to crack down on using crypto assets to avoid tax

https://www.theregister.com/2023/11/13/carf_2027_adoption_set/

Cryptocurrency has been used for money laundering and tax avoidance, but a new standard called the Crypto-Asset Reporting Framework (CARF) is being implemented to reduce its effectiveness in these roles.

CARF will require crypto asset exchanges and other relevant players to share data with tax authorities, and 48 nations have agreed to adopt CARF by 2027.

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