UAE commits to global crypto tax transparency
Signing the CARF agreement reinforces commitment to global tax transparency, with rules expected to provide clarity and certainty for the crypto sector.
The United Arab Emirates has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF). The move follows the Ministry of Finance’s earlier commitment to strengthen oversight of digital assets.
Implementation of CARF in the UAE is scheduled for 2027, with the first exchange of information expected in 2028. The framework will enable automatic sharing of crypto tax data, providing greater certainty for the sector and reinforcing global transparency.
Authorities are calling on stakeholders across the crypto-asset ecosystem, including intermediaries, exchanges, custodians and traders, to contribute to a public consultation on the implementation of CARF.
The consultation, which opened on 15 September 2025 and runs until 8 November 2025, seeks expert input to help shape regulatory rules aligned with market needs.
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