CARF and related regulations, such as the EU's Markets in Crypto-Assets (MiCA) framework, emphasize robust IT security to prevent hacks, market manipulation, and insider trading.

The CARF, adopted by over 40 jurisdictions including the UK and all EU member states, standardizes the collection and reporting of crypto transaction data to prevent tax evasion across borders.

The platform’s capabilities extend beyond CARF and DAC8, supporting U.S. information reporting (W-9/8, 1099s, 1042-S), digital asset cost basis tracking, and compliance for marketplaces and gig ...