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PANews, January 1st – According to the Financial Times, the UK and more than 40 other countries have implemented new crypto asset tax regulatory rules starting January 1st. Under the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD), major crypto exchanges are required to collect complete transaction records for UK users and report users’ transaction activities and tax residency status to Her Majesty's Revenue and Customs (HMRC).

Foresight News reported, according to the Financial Times, that the UK and more than 40 other countries have implemented new crypto asset tax regulatory rules starting from January 1. Under the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD), major crypto exchanges are required to collect complete transaction records for UK users and report users’ transaction activities and tax residency status to HM Revenue and Customs (HMRC). The UK is one of the first 48 countries to implement this framework. According to the arrangement, starting from 2027, HMRC will automatically share relevant data with EU member states and participating countries such as Brazil, the Cayman Islands, and South Africa. A total of 75 countries have committed to implementing CARF, with the United States planning to implement it in 2028 and begin information exchange in 2029.

BlockBeats News, January 1, David Duong, Head of Institutional Research at a certain exchange, stated that ETFs, stablecoins, tokenization, and clearer regulation will create a compounding effect by 2026, further accelerating mainstream adoption of cryptocurrencies. He pointed out that in 2025, spot ETFs will open a compliant gateway, corporate crypto asset treasuries will rise, and stablecoins and tokenization will be more deeply integrated into core financial processes. By 2026, faster ETF approvals, an expanded role for stablecoins in DvP (Delivery versus Payment), and broader acceptance of tokenized collateral will reinforce each other. On the regulatory front, the United States is clarifying stablecoins and market structure through the GENIUS Act, while Europe is advancing the MiCA regulatory framework, providing clearer policy boundaries for institutional entry. Duong believes this marks an important stage in the transition of crypto from a niche market to global financial infrastructure. In addition, he emphasized that crypto demand is no longer dependent on a single narrative, but is jointly driven by macroeconomics, technology, and geopolitics, and that capital structures will become more long-term and less speculative.