The UAE Ministry of Finance has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF), marking a major step toward aligning the country with international tax transparency standards.
The framework, developed by the OECD, establishes a system for the automatic exchange of tax-related information on crypto-asset activities. Its implementation in the UAE is scheduled to go live in 2027, with the first exchanges of information expected in 2028. The move is intended to provide greater clarity and certainty for the crypto-asset sector while reinforcing the UAE’s commitment to global financial compliance.
As part of the rollout, the Ministry has launched a public consultation to gather feedback from stakeholders across the industry. Participants include advisory service providers, intermediaries, traders, custodians, and exchange platforms, all of whom are invited to share their perspectives on the framework’s potential impact and areas that may require further clarification.
The consultation opened on 15 September 2025 and will remain active for eight weeks until 8 November 2025. According to the Ministry, the goal is to ensure the development of clear and effective regulations that are informed by expert insight and responsive to market needs.
By adopting CARF, the UAE positions itself among jurisdictions working to strengthen oversight of digital assets and promote transparency in the fast-evolving global crypto market.
News Source: Emirates News Agency
