Crypto-Asset Reporting Framework (CARF) — implementation 2026-2027
AU adopts the OECD CARF for crypto reporting; reporting expected from 2027, first international exchange ~2028 (per Dec 2025 MYEFO).
Who must comply
Crypto-Asset Service Providers operating in Australia.
What triggers it
Operating as a CASP.
When due
First reporting expected for 2026 reporting year, with reports submitted 2027.
Evidence required
KYC records (CARF-aligned), transaction records, automatic-exchange reports to ATO.
Max penalty
ATO administrative penalties; alignment with AML/CTF DCE penalties
Effective from
1 January 2026
Summary
Australia has committed to implement the OECD's Crypto-Asset Reporting Framework. Crypto-Asset Service Providers (CASPs) including exchanges, brokers and OTC desks will be required to collect customer information and report transactions to the ATO for automatic exchange with foreign tax authorities.
Enforced by
Source legislation
Industries
Topics
Related obligations
- CWLTHCrypto Asset Secondary Service Provider (CASSPr) licensing reformsTreasury consultation 2024 on bespoke crypto licensing — separate from AFSL.
- CWLTHStablecoin payments licensing — Treasury reforms (in scoping)Treasury reforms scoping payment stablecoin licensing under PSP regime.
- CWLTHCrypto Asset Platform licensing (Treasury reforms 2024-2025)Treasury scoping CASP regime for digital asset platforms.
Frequently asked questions
- Who must comply with Crypto-Asset Reporting Framework (CARF) — implementation 2026-2027?
- Crypto-Asset Service Providers operating in Australia.
- What triggers Crypto-Asset Reporting Framework (CARF) — implementation 2026-2027?
- Operating as a CASP.
- When is Crypto-Asset Reporting Framework (CARF) — implementation 2026-2027 due?
- First reporting expected for 2026 reporting year, with reports submitted 2027.
- What is the maximum penalty for Crypto-Asset Reporting Framework (CARF) — implementation 2026-2027?
- ATO administrative penalties; alignment with AML/CTF DCE penalties
- What evidence is required for Crypto-Asset Reporting Framework (CARF) — implementation 2026-2027?
- KYC records (CARF-aligned), transaction records, automatic-exchange reports to ATO.
Source: https://ato.gov.au/about-ato/new-legislation/in-detail/international/crypto-asset-reporting-framework. Rules Mate is not a law firm. Always verify against the live regulator source before acting.