Tech

UAE to Begin Sharing Crypto Tax Data Under Crypto Asset Reporting Framework in 2028

by aweeincm1

The UAE has signed the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF), joining global efforts to automatically exchange cryptocurrency tax information. The framework will be implemented in 2027, with the first data sharing expected in 2028. Public consultation, running from September 15 to November 8, 2025, invites feedback from exchanges, custodians, traders, and advisory firms. The move aims to boost transparency, ensure tax compliance, and create a clear legal framework for investors.

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