Title: New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework
Post by: Bitcoin on Aug 29, 2024, 06:09 am
Post by: Bitcoin on Aug 29, 2024, 06:09 am
New Zealand Seeks to Adopt OECD's Crypto Asset Reporting Framework
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]
Source: New Zealand Seeks to Adopt OECD's Crypto Asset Reporting Framework (https://news.bitcoin.com/new-zealand-seeks-to-adopt-oecds-crypto-asset-reporting-framework/)
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]Source: New Zealand Seeks to Adopt OECD's Crypto Asset Reporting Framework (https://news.bitcoin.com/new-zealand-seeks-to-adopt-oecds-crypto-asset-reporting-framework/)