South Korea Agrees to Start Sharing Cryptocurrency Data with 48 Countries
The South Korean government has announced plans to begin collecting and sharing information on crypto investors, both local and foreign, who trade through local exchanges such as Bithumb and Upbit. Data collection is scheduled to start next year, while the full system is set to officially launch in 2027. Under the plan, the transaction records of South Korean investors will also be provided to the national tax office. This means exchanges must submit both trading activity and personal details of their users to tax authorities starting in 2026. The new rules are part of the Crypto-Asset Reporting Framework (CARF), which…