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Swiss leaders plan to enforce global crypto reporting framework
16.5.2024
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency
Circle shifts legal home to US ahead of IPO
15.5.2024
Circle's strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence
South Korean Regulators Discuss Crypto Regulation with ASEAN, OECD Officials
19.3.2024
South Korean regulators talked to officials from ASEAN, the Association of Southeast Asian Nations, and the OECD about crypto policy in Seoul on March 18.
The post South Korean Regulators Discuss Crypto Regulation with ASEAN, OECD Officials appeared first on Cryptonews
UK Launches Consultation on Implementing OECD Crypto Reporting Framework
6.3.2024
The U.K. government believes implementing the reporting framework could draw in 35 million pounds ($45 million) from 2026
Sean Patrick Maloney Will Stop Working on Crypto Issues If Confirmed as OECD Ambassador: Report
15.2.2024
Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD). Maloney reportedly sent a letter to Massachusetts Senator Elizabeth Warren on February 9, committing to resign from...
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...
40+ Countries Implementing International Crypto Reporting Framework
15.11.2023
Over 40 countries have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by the G20. The widespread, consistent, and timely implementation of this crypto reporting framework “will further improve...
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...
47 Countries Adopt New CARF Framework on Automatic Exchange of Information Between Tax Authorities
10.11.2023
Source: Adobe/amirul syaidi A consortium of 47 countries, including the US, the UK, and Australia, have adopted a new framework for the automatic exchange of information between tax authorities. The framework, known as the Crypto-Asset Reporting Framework (CARF), was developed by the Organisation...
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
OECD Releases New Global Tax Reporting Framework for Crypto Assets
10.10.2022
The framework's scope will include stablecoins, crypto derivatives and certain NFTs
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...