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South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework
18.11.2023
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down...
9.4% of French Population Holds Crypto as the Asset Class Ranks Second in Investment Options
14.11.2023
Source: AdobeStock / MarinadeArt France’s financial regulator, Autorité des Marchés Financiers, has published a study by the Organisation for Economic Co-operation and Development (OECD) on investment choices and growth levels in the country. In the survey released on Nov 13, digital assets...
International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up
10.11.2023
Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement
47 countries pledge to authorize the crypto-asset reporting framework by 2027
10.11.2023
The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities
High skilled jobs most exposed to AI, impact is still unknown - report
12.7.2023
A deep dive into global employment data and trends indicates that AI could have the biggest impact on high-skill jobs
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
12.5.2023
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
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members
10.5.2023
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
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
14.12.2022
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment
OECD Presents Crypto Tax Reporting Framework
11.10.2022
The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.
According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...
OECD releases framework to combat international tax evasion using digital assets
10.10.2022
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13
India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework
17.7.2022
India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard under the framework. G20 Urged to Bring Crypto Under Automatic Exchange...
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
10.5.2022
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that...
OECD opens proposal on tax transparency framework for crypto to public comment
22.3.2022
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards
Florida's Crypto Plan, NFL's Blockchain Move, Grayscale's Ex-Ethereum Fund + More News
22.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Florida's Crypto Plan, NFL's Blockchain Move, Grayscale's Ex-Ethereum Fund + More News
OECD tax director says international crypto tax standards are coming in 2021
27.11.2020
The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year
World Economic Forum calls blockchain key to sustainable digital finance
11.11.2020
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability
OECD calls out countries for their inconsistent rules on crypto taxation
14.10.2020
The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets
OECD Preparing Crypto Tax Reporting Framework for World’s Largest Economies
12.10.2020
The tax framework may address questions surrounding wallet providers and income not derived from crypto sales
Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance
3.9.2020
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said
Sun Sets on Offshore Banking as Assets Worth $11 Trillion Uncovered
2.7.2020
The three-year old Common Reporting Standard is uncovering offshore assets on a massive scale, highlighting cryptocurrencies as a potential alternative