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Crypto: Senate Adopts CARF, Your Transactions Will Soon Be Shared with 77 Countries

Summary by Cryptoast
Foreign crypto platforms will soon no longer be out of reach of the French tax authorities. The Senate adopted this Tuesday a text opening the way for the automatic exchange of transaction data between dozens of countries. The first transmissions are scheduled as early as 2027. The article Crypto: The Senate adopts the CARF, your transactions soon shared with 77 countries appeared first on Cryptoast.

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Foreign crypto exchanges will be required to transmit a great deal of information to the tax authorities, including the identity of users and their volume of transactions, and this bill has been forwarded to the National Assembly.

·France
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The Senate has approved an agreement allowing the automatic exchange of information on cryptos held with foreign providers. This text does not create any new taxes, but it gives the tax authorities the means to compare the returns of taxpayers with data received each year from their counterparts. The article Crypto: The French tax authorities could receive data from foreign platforms appeared first on Cointribune.

The French Senate approved a project to implement the OECD CARF framework and enable the exchange of crypted tax data with 46 jurisdictions since 2027. The initiative still needs the approval of the National Assembly.

The Senate adopted, on Tuesday, October 27, 2026, a bill authorizing France to approve an international agreement on the automatic exchange of tax information concerning digital assets. Developed under the auspices of the OECD, this scheme, called Crypto-Asset Reporting Framework (CARF), is intended to allow the tax administrations of the signatory countries to share information on [...] Article The Senate approves an international agreement to …

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Foreign crypto platforms will soon no longer be out of reach of the French tax authorities. The Senate adopted this Tuesday a text opening the way for the automatic exchange of transaction data between dozens of countries. The first transmissions are scheduled as early as 2027. The article Crypto: The Senate adopts the CARF, your transactions soon shared with 77 countries appeared first on Cryptoast.

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Cryptoast broke the news on Tuesday, October 27, 2026.
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