The Inland Revenue Authority of Singapore has announced the country's commitment to implement the Crypto-Asset Reporting Framework (CARF) in 2027.
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Singapore commits to implement the Crypto Asset Reporting Framework
Singapore joins 47 other jurisdictions to work towards commencing automatic exchanges in crypto-assets reporting based on the internationally agreed Crypto-Asset Reporting Framework (CARF) in 2027. Please refer to Annex A for the joint statement by Singapore and 47 Juris…