2025-12-30 14:04:00

Starting January 1st next year, global crypto users will face a significant change. The Crypto Asset Reporting Framework (CARF) launched by the OECD will be officially implemented, meaning that crypto platforms in the UK, the EU, and 46 other jurisdictions must collect and report user information.

Specifically, your exchange account information in these regions—tax residency, account balances, transaction history—will be subject to regulation. This data will not stay within a single country but will flow between tax authorities through cross-border tax information exchange mechanisms.

In other words, if you hold assets or conduct transactions on a crypto platform, relevant authorities will have a comprehensive view of your account. This marks a turning point for privacy-conscious crypto users. Industry insiders generally believe that the launch of CARF signifies the crypto industry's official entry into an era of "tax transparency."

For platforms, compliance costs will rise significantly; for users, proactive tax planning will be necessary. In any case, 2026 will be a watershed year for the crypto financial ecosystem.

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MintMaster

· 11h ago

Damn, we're about to be regulated again, feels like privacy is gone Brothers, should we move to a smaller exchange? Once CARF comes, everyone will have to honestly pay taxes, no way around it Now the crypto world is truly transparent, not a good feeling Finish clearing your accounts before 2026, and then we'll see

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ponzi_poet

· 11h ago

I need to quickly transfer my assets to places outside these 46 jurisdictions... Damn, now I really have to pay taxes, privacy dreams shattered CARF is here, I can no longer hide my trading history It should have been like this a long time ago, anyway, tax evasion has already been blocked Tax transparency? Sounds uncomfortable... Is it still possible to move to a cold wallet, brothers? It's over, I have to start accounting next year They're forcing us to use decentralized exchanges Honestly, whether they find out or not, we still have to honestly pay taxes Next year, I will start organizing tax documents, so annoying

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ColdWalletGuardian

· 11h ago

It should have come earlier. Anyway, there's no avoiding it, so it's better to organize the ledger in advance.

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BetterLuckyThanSmart

· 11h ago

Ah, I knew this day would come. The era of privacy is really coming to an end. Next year, everything will be fully transparent. Still, I need to think about how to legally avoid taxes. Once CARF is out, exchanges will be doomed, and users will be even worse off... Better start preparing the ledgers now. No, 46 countries are teaming up to keep an eye on us. This is a big deal. It's over. From now on, every coin we earn will be watched clearly. This should have happened a long time ago, to prevent black money from running everywhere. But it does impact privacy. With CARF coming, small exchanges will have to reshuffle, right? Forget it, since we can't escape anyway, just report taxes honestly. No more nonsense. Tax transparency... sounds good, but actually, it just means the government wants to collect money.

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FrontRunFighter

· 11h ago

ngl this is the endgame for the dark forest we built... they're basically turning every exchange into a surveillance node. data flows cross-border like MEV extraction, except now it's your entire financial life getting sandwiched between tax agencies lmao

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