🚨 BREAKING: UAE Signs OECD Crypto Tax Reporting Agreement

The UAE has officially joined over 50 nations in signing the Crypto-Asset Reporting Framework (CARF), marking a major shift in regional crypto regulation.

Key Details:

• Implementation starts 2027

• Automatic data sharing with international tax authorities by 2028

• Public consultation open until November 8, 2025

• Crypto firms must comply with new reporting requirements

This move aligns the UAE with global transparency standards and signals the maturation of crypto regulation in the MENA region.

What does this mean for crypto users and businesses in the UAE? Enhanced compliance requirements but also greater legitimacy and international cooperation.

Source: Cointelegraph

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Not financial advice. DYOR. 📊