UK to Enforce CARF Crypto Tax Reporting Rules by 2026
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The UK government is aligning with global tax transparency efforts by implementing the crypto Asset Reporting Framework (CARF) in 2026. Developed by the OECD, this mandate requires crypto service providers to collect and report user transaction data, mirroring policies adopted by over 40 jurisdictions including the EU.
Centralized and decentralized platforms alike will face heightened compliance burdens. The move aims to curb tax evasion while standardizing cross-border cryptocurrency oversight—a significant step toward institutionalizing digital asset markets.
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