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Policy Paper Published 25 Jun 2025 HM Revenue & Customs ↗ View on GOV.UK

Cryptoasset Reporting Framework

This tax information and impact note is about the implementation of the Cryptoasset Reporting Framework (CARF) for providing visibility on the transactions of users of cryptoassets.

▤ Verbatim text from source document

This measure gives information about the Cryptoasset Reporting Framework which provides visibility on the transactions of users of cryptoassets.

The regulations outline:

  • the mandatory requirement for registration of reporting cryptoasset providers
  • specific penalties for non-compliance