Part 7/12:
The common thread across these regions is the OECD’s Crypto Asset Reporting Framework (CALF). Designed to plug gaps in traditional financial surveillance, CALF mandates that crypto platforms collect and exchange customer and transaction data with tax authorities—starting in 2026. The goal? To prevent money laundering, tax evasion, and illicit activity by creating a unified system of information sharing.
Countries outside Europe, including Australia, Canada, Hong Kong, Singapore, the UAE, and eventually the US, are lining up to participate in this data exchange network. By 2027, cross-border information swaps are expected to become routine, signaling a new era of transparency and oversight.