2023-11-10 11:58 |
The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The IRS has announced the extension of the period for comments on crypto tax reporting requirements until January 25, 2024.
2023-10-25 16:36 | |
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G20 leaders are moving rapidly toward a Crypto Asset Reporting Framework, according to a report from The Times of India on Sept. 9. That framework would see G20 member countries collect and share information about the use of cryptocurrency and digital assets.
2023-9-10 23:05 | |
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OECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
2023-6-10 16:40 | |
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DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules.
2023-5-17 20:12 | |
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In April 2021, the G20 requested the Organisation for Economic Co-operation and Development (OECD) to design a Crypto-Asset Reporting Framework (CARF) to exchange tax-relevant information on Crypto-Assets automatically.
2022-10-14 22:46 | |
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OECD has issued a global tax reporting framework for cryptocurrencies that will assist tax authorities in keeping track of cross-border transactions of crypto assets.
2022-10-11 15:30 | |
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The framework's scope will include stablecoins, crypto derivatives and certain NFTs.
2022-10-10 18:40 | |
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OKEx Korea announced that it's shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday.
2021-3-24 12:48 | |
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The tax framework may address questions surrounding wallet providers and income not derived from crypto sales.
2020-10-12 19:38 | |
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Coin Metrics, a crypto analyst firm, has released a new framework called ‘Trusted Volume Framework’ to evaluate how trustworthy is the trading volume clams made by various exchanges every year. The analysts at Coin Metrics found that only a handful of exchanges, among hundreds, managed to cut when it comes to offering trading volume data. […]
2020-7-29 19:22 | |
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South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF).
2020-3-8 20:38 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.
Crypto tax standards in the upcoming year may prove to be a trying time for the industry. Global tax regulators are applying more pressure on centralized and decentralized exchanges. This could even affect your own personal crypto holdings.
The OECD is concerned about the increasing ties between crypto and traditional finance.
Crypto tax may soon see its own version of the Common Reporting Standard (CRS) as the Organisation for Economic Co-operation and Development (OECD) is reportedly working on a unified approach to handling virtual currency taxation.
The three-year old Common Reporting Standard is uncovering offshore assets on a massive scale, highlighting cryptocurrencies as a potential alternative.