The UAE Ministry of Finance has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF), confirming its commitment to global tax transparency and regulatory clarity for the crypto sector.
Under the framework, the UAE will begin implementing CARF in 2027, with the first exchange of tax-related information on crypto-asset activities expected in 2028. The initiative aims to provide certainty to the crypto industry while aligning with international standards for transparency and compliance.
The Ministry has also launched a public consultation, open from 15 September to 8 November 2025, inviting advisory firms, intermediaries, custodians, exchange platforms, and other stakeholders to contribute feedback on the CARF’s implementation. The consultation will guide the development of clear, effective regulatory rules tailored to market needs.
By adopting CARF, the UAE strengthens its position as a global financial hub, balancing innovation in digital assets with robust compliance frameworks that meet international obligations.
