Global #Crypto-Asset Reporting Framework (

Hong Kong has initiated a public consultation to adopt the OECD's Crypto-Asset Reporting Framework (CARF) and an amended Common Reporting Standard (CRS).

The White House is currently reviewing a proposal from the Internal Revenue Service (IRS), known as the "Broker Digital Transaction Reporting" proposal, which would align the US with the global Crypto-Asset Reporting Framework (CARF).

The South Korean government has officially joined the Crypto-Asset Reporting Framework (CARF), an initiative by the Organization for Economic Cooperation and Development (OECD).