48 countries worldwide initiate cryptocurrency wallet data recording, with the CARF framework officially implemented in 2027

2026-01-02 06:00:11

Abstract generation in progress

【ChainNews】A major move is coming — the global upgrade of cryptocurrency asset regulation has officially begun.

Starting this year, 48 countries and regions worldwide will gradually initiate the recording of crypto wallet transaction data. This system is backed by the international tax transparency framework developed by the Organisation for Economic Co-operation and Development (OECD), commonly known as the Crypto Asset Reporting Framework (CARF), which is expected to be officially implemented by 2027.

The jurisdictions that have already begun implementing these requirements mandate all participating crypto service providers—including centralized exchanges, some decentralized exchanges, crypto ATMs, and brokers—to start collecting user transaction data. There is no choice; this is essentially a mandatory requirement.

It is worth noting that the second batch of 27 countries and regions, including Australia, Canada, Mexico, and Switzerland, will start later. They will officially begin data collection on January 1, 2027, and will start cross-border information sharing in 2028.

What does this mean? Simply put, regulatory authorities in all countries will eventually be able to see your crypto transaction records. For exchanges and platforms, compliance pressure will significantly increase; for ordinary users, privacy boundaries will continue to shrink. This trend is unstoppable in the short term.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
8
Repost
Share

Comment

0/400

BearMarketSurvivor

· 01-05 01:49

Oh no, there's really no way to hide now... Is there still a window before 2027? It seems like another wave of people will start messing with unreliable on-chain tools haha With 48 countries doing this, will our exchange experience still be good? CARF is here, what do you say about privacy? Can't escape, everyone. Better start mentally preparing early. Another big regulatory crackdown, whoever moves first will suffer. Decentralized exchanges can't escape either? That's pretty harsh. 2027 is still early, but I already feel like I'm trembling. Once data becomes transparent, those small tricks really won't work anymore. This time is different; with the OECD stepping in, there's basically no room for negotiation.

View OriginalReply0

WalletDetective

· 01-04 20:15

Privacy will be gone... Can we still have fun before 2027?

View OriginalReply0

CryptoComedian

· 01-03 21:40

Smiling and then crying, 48 countries are watching our wallets. When CARF launches in 2027, who will still dare to say the crypto world is not transparent? Our trading data will have to go around the world, and the word privacy might as well be renamed "hidden concerns." 2027 is still far away, but some people are already starting to delete chat records haha. Strict requirements are in place; data cannot escape anyone. Instead of running away, it's better to learn to cut losses. From 48 countries to 75 countries, with this scale, the crypto world will either clean up its reputation or be finished. I really can't think of a third way.

View OriginalReply0

MetaverseVagabond

· 01-02 06:30

Damn, there's really nowhere to run now... I need to hustle before 2027. Privacy is gone, brother. Exchanges are now starting to record transactions. Coming with the same old story? Feels like regulation is tightening step by step. 48 countries coordinating, it feels like on-chain freedom is getting further and further away... Alright, anyway, we're used to it. Play it how you want. Will it officially land in 2027? There should still be some room for maneuver in the next two years... Is this framework trying to include on-chain transactions into the tax system? Oh my god, in the future, all transfers will need to be reported. 48 countries, that's a pretty scary scale... but why aren't there many in Asia?

View OriginalReply0

NFTDreamer

· 01-02 06:29

2027... still three years to go. The level of regulatory crackdown this time is really intense. What's the point of privacy anymore?

View OriginalReply0

GhostAddressMiner

· 01-02 06:26

2027? It should have come earlier. Over the past two years, on-chain footprints have become increasingly obvious, and the fund migration trajectories of large addresses are clear. Regulation is just making the dark rules transparent. --- 48 countries are collecting data simultaneously... Thinking about the pressure on early coin-holding addresses, wallets that have been dormant for years might start to exhibit abnormal transactions. --- Do all DEXs need to participate? Those claiming to be decentralized to evade censorship should wake up now. On-chain signals are already hard to hide. --- No wonder some large addresses have started to disperse their transfers recently; it seems the insider information was already in the price. --- 2027 officially coming into effect indicates that current data accumulation is the real focus. OECD’s move is a deep strategic play. --- For those still dreaming of anonymous transactions, time is running out. Wallet address = identity ID is a thing of the past.

View OriginalReply0

AirdropLicker

· 01-02 06:19

Damn, there's really nowhere to hide now... Goodbye privacy

View OriginalReply0

SpeakWithHatOn

· 01-02 06:18

Here are several comments with different styles: **Comment 1:** Regulation is coming again, privacy is nothing... Only two and a half years until 2027, better hop on the train now **Comment 2:** 48 countries acting together? This time they’re serious, feels like there's no escaping **Comment 3:** Is DEX also under scrutiny? The little decentralization it has seems to be gone **Comment 4:** I’ve heard of the CARF framework before, but didn’t expect it to be implemented so quickly, feeling a bit anxious **Comment 5:** Australia, Canada, Mexico, and Switzerland are a step behind, probably the same later, eventually all recorded **Comment 6:** When will there be truly unregulated chains? Right now, everything’s just virtual **Comment 7:** Less than three years until 2027, exchanges must be extremely busy now, the data volume must be huge **Comment 8:** Looks like I really need to be cautious with transactions in the future, those transaction records being exposed is a bit awkward **Comment 9:** Mandatory requirements are non-negotiable, this framework is really tough **Comment 10:** When OECD makes a move, it’s 48 countries involved, this agreement is quite powerful

View OriginalReply0