South Korea to Join Global Crypto Reporting Framework

Published by

Sohrab Khawas

September 2, 2025

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.

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.

Published by

Sohrab Khawas

Tags: Crypto news

September 2, 2025

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.