UAE Commits to Global Crypto Tax Rules, Opens Consultation
The UAE has signed on to the Crypto-Asset Reporting Framework (CARF) under the OECD, agreeing to share tax-related crypto activity data with other countries.
The Ministry of Finance plans to implement the new reporting regime starting in 2027, with international exchanges of information to begin in 2028.To shape how the rules work in practice, the UAE has launched an eight-week public consultation (through Nov. 8) asking crypto firms and service providers for input on compliance, reporting burdens, and areas needing clarity. Supporters say this brings regulatory certainty and aligns the UAE with global tax transparency efforts, though some warn of increased operational demands.
Clever Robot News Desk 23th September 2025
