The CARF framework for global crypto tax transparency has been officially launched, leaving no room for offshore crypto asset tax evasion. According to Coindesk, with the official launch of the OECD-led Crypto Asset Reporting Framework (CARF) in multiple jurisdictions, a global collaborative regulatory network aimed at ending the "era of offshore crypto asset tax evasion" has moved from legal text to practical operation. The core of this framework is to establish a globally unified standard for crypto asset information reporting and to mandate that cryptocurrency exchanges, brokers, and other institutions automatically report user account and transaction data to tax authorities in various countries. Simultaneously, regulators can significantly improve their ability to track and identify unreported crypto assets by combining fiat currency deposit and withdrawal records, on-chain data analysis, and internal ledgers. The industry consensus is that this systemic change has exposed large investors holding unreported offshore crypto assets to unprecedented compliance and potential criminal risks. As a result, some investors have proactively made voluntary disclosures in hopes of obtaining more lenient treatment. Over 70 countries have committed to adopting and advancing CARF, with transaction data collection expected to begin in 2026 and the first large-scale cross-border tax information exchange scheduled for 2027. This signifies that global tax compliance regulation of crypto assets has officially entered a new phase of continuous tightening and high transparency. Overall, with the global implementation of the Crypto Asset Reporting Framework (CARF), the era of evading regulation by hiding assets in offshore accounts or behind complex technologies is over. For crypto asset holders, passively waiting or hoping to get away with it is tantamount to bearing enormous legal and financial risks. In this context, only by proactively acting within the regulatory framework and making compliant reports can a sustainable long-term security barrier be built for personal wealth. #CARF #CryptoTaxCompliance