Starting from 2026, a unified global reporting mechanism for crypto assets will officially be launched — this is not a rumor, but the formal implementation of the OECD’s "Cryptocurrency Asset Reporting Framework" (CARF).

In simple terms, the era of "information asymmetry" is coming to an end.

**How does the data flow?**

From January 1, 2026, major trading platforms (especially those registered in participating jurisdictions such as the Cayman Islands, EU countries) will begin systematically collecting users’ identity information and complete transaction records. Then, starting in 2027, the tax authorities of the countries where these platforms are based will automatically exchange data with your country of tax residence through the CARF system.

Does that sound complicated? Think of it this way: all your transactions (buying, selling, exchanging, withdrawing, etc.) on a leading exchange will be packaged and organized → the platform’s local tax authority receives the data → your home country’s tax authority also receives it. It’s that straightforward and blunt.

**What does this mean for you?**

First, transaction data can no longer be hidden. Every buy/sell, every exchange, will have a complete record in the system.

Second, the information asymmetry with tax authorities is broken. They may not have known how much overseas crypto assets you hold before, but now it’s crystal clear. Your income reporting status is transparent.

Third, tax policies in various countries will change accordingly. Some countries may introduce new crypto asset tax rules, others may adjust the standards for income tax. This is a chain reaction.

**Why should you pay attention now?**

Because this is not a "might happen," but a confirmed reality. OECD member countries (including most developed nations and major economies) have already agreed to join this framework. The key point is that the infrastructure for information exchange is already in place; 2026 is just the official launch date.

Some say, "I can just open an account in a country that doesn’t participate" — don’t be naive. First, there are very few countries that truly don’t participate; second, mainstream platforms have already set up local entities worldwide for compliance. You can’t hide from it.

**What should you do now?**

First, abandon wishful thinking. Global tax information transparency is an unstoppable trend. The direction of regulation is set, and there’s no turning back.

Second, proactively understand your country’s rules. How is crypto taxation calculated? Is it treated as property transfer income, or as personal income tax? Standards vary greatly between countries. Take advantage of the time now to clarify this.

Third, start recording your transactions from now on. Date, currency, amount, price, profit — keep detailed records of everything. When the audit really comes, you’ll be prepared. If you procrastinate now, you’ll be panicking in front of the tax bureau.

**What about long-term?**

Honestly, although this raises the entry barrier and compliance costs, it’s actually good for the industry as a whole. Those relying on information gaps and gray areas will be eliminated, and projects and users with real value will remain. Short-term speculative space will shrink, but the market will become healthier and more mainstream.

So, stop treating "taxation in the crypto world" as a vague concept to avoid. Starting this year, it’s a tangible, enforceable reality supported by global data. It’s time to take your transaction records seriously.