Tag: HMRC
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CARF Enforcement Begins: UK and 40+ Nations Implement Global Altcoin Reporting Framework
The United Kingdom and over 40 participating nations have formally commenced enforcement of the Cryptoasset Reporting Framework (CARF)—a comprehensive global taxation initiative requiring altcoin exchanges and service providers to collect and report detailed user activity data to tax authorities. The framework, developed by the Organisation for Economic Co-operation and Development (OECD), officially took effect on January 1, 2026, fundamentally transforming how altcoin…