Over 40 countries agree to implement an international information regime on cryptoassets

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By LatAm Reports Staff Writers

The new regimen on cryptoassets will operate from 2027.

More than 40 countries reached an agreement to implement, from 2027, an information regime of operations with cryptaactives calledCryptoactive Information Communication Framework (CARF).

According to the cryptonews portal, theOrganisation for Economic Cooperation and Development (OECD)is the main organization promoting the use of this new regime, so plan to create an international standard for automatic exchange of information for the Tax Authorities of each member country

Therefore, with this new regulatory framework, CARF,it is proposed that the tax information of each signatory on cryptoactive transactions be exchanged .

Some of the countries that gave the go-to-head were:

  • Brazil
  • Chile
  • Spain
  • United States
  • Estonia
  • Malta
  • Mexico
  • Portugal
  • Cayman Islands
  • Gibraltar

This article has been translated after first appearing in Diario El Mundo