Which global bloc created Crypto-Asset Reporting Framework (CARF)?

  • A. World Bank
  • B. World Economic Forum
  • C. International Monetary Fund
  • D. OECD

Correct Answer: D. OECD

The Organisation for Economic Co-operation and Developmented (OECD) has created a new global tax transparency framework for the automatic exchange of information related to crypto assets between countries. The framework named Crypto-Asset Reporting Framework (CARF) will be used by the countries to track the cross-border transfer of crypto assets. CARF will be presented to G20 Finance Ministers this week in Washington DC.

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