According to ChainCatcher, according to financefeeds, dozens of countries including the United States, Japan, and the United Kingdom signed a joint statement agreeing to a set of crypto tax rules developed by the OECD, namely the Crypto Asset Reporting Framework (CARF). The joint statement stated that the signatories will accelerate the transformation of CARF into domestic laws and regulations and initiate exchange agreements in a timely manner so that exchanges can begin in 2027.

The report pointed out that the Crypto Asset Reporting Framework (CARF) is expected to go online in 2027 for information sharing as part of these countries' fight against tax evasion using digital assets.