From www.icaew.com: (UK context) ICAEW is collaborating with six other organizations to assist cryptoasset owners and reporting cryptoasset service providers in adapting to the UK’s implementation of the cryptoasset reporting framework (CARF).

The new regulations, set to take effect in 2026, will require RCASPs to collect and report information about cryptoasset owners to HMRC for global tax information exchange.

ICAEW aims to address uncertainties around CARF by raising awareness, developing best practice guidelines for self-certification, and engaging with HMRC on compliance challenges.