48 Countries Back Crypto Reporting Rules, Signaling Move Toward Tax Transparency

Forty-eight jurisdictions have committed to coordinated crypto data-sharing rules as a new reporting framework takes hold.

Officials say the move expands tax oversight of digital assets and marks a shift toward a more regulated phase for crypto markets.

Wider transparency standards and greater cross-border cooperation aim to push digital assets closer to mainstream financial systems and reduce opportunities for tax secrecy.

Key Topics

Crypto, Tax, Regulation, Data-sharing, Transparency, Financial Systems