CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
cryptonews 2023-09-11 04:42:00

G20 Leaders Decide on Swift Implementation of Crypto Asset Reporting Framework

G20 leaders have called to swiftly implement the Crypto Asset Reporting Framework (CARF) while endorsing synthesis paper proposed by IMF and FSB. The G20 summit held over the weekend under the presidency of India saw a consensus among member nations to adopt a global framework to regulate cryptocurrencies. The CARF, a reporting template currently in development, is designed to prevent tax evasion through the illicit use of non-financial crypto assets. ... Read More: G20 Leaders Decide on Swift Implementation of Crypto Asset Reporting Framework

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.