Home BlockchainEUs DeFi Tax Gap Wont Last Forever, Says Ex-OECD Official

EUs DeFi Tax Gap Wont Last Forever, Says Ex-OECD Official

by Vivek Kumar
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Taxes, AML, FATF, European Union, OECD, DeFi, Features

The European Union’s new cryptocurrency tax reporting framework is built around what governments can immediately enforce, leaving decentralized finance (DeFi) outside its scope for now.

A former Organization for Economic Co-operation and Development (OECD) official who worked on the Crypto Asset Reporting Framework (CARF) said that this gap is a deliberate focus and not a blind spot.

“It doesn’t make sense to go to your grandma and ask her to give you all the tax reporting on crypto just because you…

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