New EU & UK Crypto Reporting Rules Take Effect in 2026**
A major shift in crypto tax transparency is coming to Europe. Beginning January 1, 2026, the **Crypto-Asset Reporting Framework (CARF)** will require platforms and users across 48 jurisdictions to comply with expanded disclosure rules.
The framework, adopted by the UK and much of the EU, marks one of the largest coordinated efforts to increase oversight of digital assets. Under CARF, crypto exchanges and certain wallet providers will be required to automatically report transaction details to tax authorities—significantly raising compliance requirements for both platforms and active traders.
**Key implications:**
- Enhanced tax reporting for crypto-to-crypto and fiat transactions
- Broader jurisdictional coverage across Europe
- Increased compliance obligations for exchanges and large-scale users
This move aligns with global efforts to integrate cryptocurrency into existing financial regulatory systems, bringing digital assets closer to the transparency standards long applied to traditional finance.
