LATEST: New AML and tax rules go live for crypto exchanges in EU and UK
By PAUL O’DONOGHUE, Senior Correspondent
THE EU and UK have introduced new AML and tax reporting rules for crypto exchanges, bringing digital assets into the global system for automatic tax information sharing.
From January 1, 2026, crypto platforms operating in the EU and UK must comply with the CARF (Crypto-Asset Reporting Framework), developed by the Organisation for Economic Co-operation and Development (OECD). The rules require platforms to automatically report users’ account details and transaction data to tax authorities.
CARF closes gaps in international tax reporting that previously allowed crypto assets to fall outside existing information exchange systems. Under the new rules, CASPs (crypto asset…
