South Korea will join the OECDโs Crypto-Asset Reporting Framework (CARF) to share crypto transaction data globally. Starting 2027, foreign investorsโ trades on Korean exchanges like Upbit and Bithumb will be reported to other countries. Meanwhile, Korean residentsโ crypto trades abroad will be reported to South Koreaโs 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.
