Did you know? Starting from next year, the flow of information in the global cryptocurrency market will change.

According to the unified arrangement by the Organisation for Economic Co-operation and Development (OECD), a system called CARF will officially be implemented—short for Crypto Asset Reporting Framework (Crypto Asset Reporting Framework), which simply means an automatic exchange system for cryptocurrency information worldwide.

The timeline is as follows:
**January 1, 2026**, the first 48 jurisdictions including the UK, EU member states, Cayman Islands, Brazil, and others will officially launch. Many international business entities of major exchanges happen to be registered in these regions (such as Cayman), which means that starting next year, these platforms will begin collecting and organizing users' tax identities and transaction data.

**2027**, the real action begins—the first cross-border data exchange will occur between participating countries and regions. In other words, if your tax residence is in a participating country, then platforms operating in the Cayman Islands or other participating jurisdictions will report your 2026 transaction data to the local tax authorities, and this data will then flow through automatic exchange systems to your country's tax department.

The logic behind this is quite clear—governments want to better understand the flow of cross-border crypto transactions. What does this mean for ordinary users? Increased transparency, but also the need to consider your tax compliance. What are your thoughts?