Crypto Asset Reporting Framework | Matthias Staubli, PwC Switzerland скачать в хорошем качестве

Crypto Asset Reporting Framework | Matthias Staubli, PwC Switzerland

In this session, Matthias Staubli delivers a crystal-clear breakdown of the Crypto Asset Reporting Framework (CARF), a major development in global crypto regulation. Matthias explains how CARF builds on frameworks like FATCA and the Common Reporting Standard (CRS), and why it's essential for crypto asset service providers to understand the new compliance landscape. 📌 Key Highlights from the Presentation: 🔶 CARF evolved from FATCA and global exchange systems to include crypto assets due to underreporting on tax declarations. 🔶 Providers facilitate crypto exchanges, including brokers, agents, and platforms, with DeFi services under ongoing debate for exclusion. 🔶 Entities with branches in CARF jurisdictions must report all transactions, even if the main entity is in a non-CARF area. 🔶 CARF defines crypto assets as digital value representations using cryptographic technology, with exclusions like CBDCs and non-investment assets. 🔶 CARF mandates transaction-by-transaction reporting, including crypto-to-fiat and crypto-to-crypto exchanges, creating a higher burden than CRS. 🔶 Service providers must obtain "self-certification" from new and existing customers, blocking accounts for non-compliance. - 🖥 Website - https://cryptovalley.swiss 🧠 LinkedIn - /   / crypto-valley-association   🐤 X - / @thecryptovalley #CryptoTax #CARF #PwCSwitzerland #CryptoCompliance #BlockchainRegulation #Web3 #DeFi #CryptoAssets #FinancialRegulation #CryptoLaw #CRS #FATCA