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South Korea will join the OECD’s Crypto-Asset Reporting Framework (CARF) to share crypto transaction data globally. Starting 2027, foreign investors’ trades on Korean exchanges like Upbit and Bithumb will be reported to other countries. Meanwhile, Korean residents’ crypto trades abroad will be reported to South Korea’s National Tax Service. Data sharing officially begins next year, aiming to boost transparency and improve tax compliance in the growing crypto market. This move aligns South Korea with global crypto regulations.
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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Sep 02, 2025 06:12 UTC
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South Korea to Join Global Crypto Reporting Framework
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