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  • Sohrab Khawas
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    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.

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South Korea to Join Global Crypto Reporting Framework

South Korea will join the OECDโ€™s 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 Koreaโ€™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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