Leaders of the world’s 20 major economies, known as the G20, are advocating for the rapid implementation of an international framework for crypto assets.
During the recent two-day summit in New Delhi, a consensus declaration was signed, emphasizing the urgency for cross-border crypto asset regulations.
The declaration stated:
“We call for the swift implementation of the Crypto-Asset Reporting Framework (CARF) and amenrdments to the CRS [Common Reporting Standard]. We ask the Global Forum on Transparency and Exchange of Information for Tax Purposes to identify an appropriate and coordinated timeline to commence exchanges by relevant jurisdictions [sic].”
Such a framework is expected to begin facilitating the exchange of information between countries by 2027. The member countries impacted by this forthcoming framework include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the
We współpracy z: https://cryptodaily.co.uk/2023/09/international-crypto-framework-consensus-signed-at-g20-summit
