South Korea to Begin Global Sharing of Crypto Transaction Data in 2027

South Korea will implement the Organization for Economic Cooperation’s (OECD) Crypto-Asset Reporting Framework (CARF) starting next year. The country’s Ministry of Strategy and Finance officially launched the Information Exchange Agreement on 2 September 2025. What does this mean for crypto investors? Data on foreign investors using Korean exchanges will be shared with their home tax.. The post South Korea to Begin Global Sharing of Crypto Transaction Data in 2027 appeared first on 99Bitcoins.

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Sep 3, 2025 - 02:00

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South Korea will implement the Organization for Economic Cooperation’s (OECD) Crypto-Asset Reporting Framework (CARF) starting next year. The country’s Ministry of Strategy and Finance officially launched the Information Exchange Agreement on 2 September 2025.

What does this mean for crypto investors? Data on foreign investors using Korean exchanges will be shared with their home tax authorities, and records of Koreans trading overseas platforms will be reported to Korea’s National Tax Service.

According to local media, a Ministry official said, “This is a separate matter from taxation.” The official added, “The purpose is to establish detailed regulations for implementing the Virtual Asset Information Exchange Agreement.”

The move aligns South Korea with a 48-nation pledge to activate CARF by 2027. South Korea’s adoption of cross-border reporting of digital transactions will close offshore loopholes.