South Korea will implement the OECD Report Organization (CARF) starting next year. The country’s Ministry of Strategy and Finance officially launched the information exchange agreement on September 2, 2025.
What does this mean for encryption investors? Data will be shared on foreign investors who use Korean stock exchanges with their home tax authorities, and the records of Korean traders abroad will be informed of the national tax services of Korea.
According to the local media, an official in the ministry said, “This is a separate issue of taxes.” The official added, “The purpose is to create detailed regulations to implement the agreement to exchange virtual asset information,” the official added.
This step is compatible with South Korea with 48 countries to activate Carf by 2027. South Korea’s adoption of cross -border reporting for digital transactions will close gaps outside the beach.
South Korea is scheduled to share the data of encryption transactions with the tax authorities, after the CARF framework of the Organization of Economic Cooperation and Development. This indicates an increasing trend: global cooperation in regulating encryption.
On the one hand, it enhances the integrity of the user boxes and approaches tax evasion.
On the other hand, it is …
– Starbase (Starbaseacc) September 2, 2025
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Exchanging such as Upbit, Bithumb will have the collected transactions data
Foreign investors trade Bitcoin and other Korean -place encryption assets such as Upbit and Bithumb you will get the identification data and the collected transactions. The data will then be shared via Carf to the powers of her home from 2027.
Details of the Korean citizens who invest in external assets exchanges will also be shared with the national tax service (NTS). Currently, NTS requires voluntary reporting of external financial accounts that maintain more than 500 million crowns in stocks, deposits and virtual assets. According to NTS, the amount of external virtual assets reported this year 11.1 trillion KRW, an increase of 700 billion KRW over the previous year.
The report said: “According to the agreement to exchange the apparent asset information, the local virtual asset operators will be asked to report personal information and transactions from the partner countries of the countries of their tax authorities starting next year.” “This information will start to start in 2027, but transaction records will be included starting next year.”
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Tether, Circle Court Banks Corean Banks As Nation is the regulatory frame
South Korea is now actively in the world race to organize Stablecoins. It is clear that America’s last batch with the law of genius and the law of clarity is the catalyst in the South Korea move to create an official organizational framework. In August 2025, executive managers of the largest two exporters in the world fell, in Seoul to hold meetings with leaders and financial organizers in the country.
South Korea Bank-Korea Bank (Book) has met Lee Zhang Young, head of Heath Circle. “The Koreans must have access to Stablecoins in their own currency when buying and selling digital assets or making international transfers,” said Tarbert.
Meanwhile, Tether’s competitor has taken a lower approach. CEO Paulo Erdino met with CEOs from Hannah Bank and KB Bank.
Read more: South Korean banks in Tether and Circle Court, while the nation is a stablecoin regulatory framework
Main meals
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Under Carf, information exchange will include sharing all details of the treatment of virtual assets abroad with the tax authorities, regardless of value.
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Carf applies to transactions, unlike the separate rule of Korea, which requires the population to report financial accounts abroad exceeding 500 million crowns.
After South Korea appeared to start global participation of encryption transactions data in 2027 first on 99bitcoins.