The Ministry of Economy and Finance of South Korea signed the Multilateral Competent Authority Agreement on the Crypto Asset Reporting Framework (CARF MCAA) at the 17th OECD Global Forum. This agreement aims to enhance international tax transparency, with South Korea participating alongside 48 countries including Germany, Japan, and France. 🌍

According to the agreement, countries will exchange information on crypto asset transactions through consultations, and South Korea plans to implement related legal amendments starting in 2027. 📅

The Ministry of Economy and Finance stated that this will help improve the tax base transparency related to crypto asset income, bringing more trust to the market. 🔍

This agreement marks a further cooperation of the international community in the regulation of crypto assets. 🤝