OECD – DIGIT INFO

Swiss leaders plan to enforce global crypto reporting framework

DIGIT — Thu, 16 May 2024 07:33:14 +0000

Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.

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Circle shifts legal home to US ahead of IPO

DIGIT — Wed, 15 May 2024 10:06:26 +0000

Circle’s strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence.

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47 countries pledge to authorize the crypto-asset reporting framework by 2027

DIGIT — Fri, 10 Nov 2023 09:15:15 +0000

The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities.

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High skilled jobs most exposed to AI, impact is still unknown – report

DIGIT — Wed, 12 Jul 2023 10:18:49 +0000

A deep dive into global employment data and trends indicates that AI could have the biggest impact on high-skill jobs.

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New OECD report takes lessons from crypto winter, faults ‘financial engineering’

DIGIT — Wed, 14 Dec 2022 21:50:00 +0000

The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment.

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OECD releases framework to combat international tax evasion using digital assets

DIGIT — Mon, 10 Oct 2022 20:30:00 +0000

The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13.

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India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework

DIGIT — Sun, 17 Jul 2022 02:00:04 +0000

India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard under the framework. G20 Urged to Bring Crypto Under Automatic Exchange of Information India’s finance minister, Nirmala Sitharaman, talked about cryptocurrency Friday during the G20 Ministerial […]

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Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’

DIGIT — Tue, 10 May 2022 10:30:57 +0000

A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that restrictions imposed by Nigerian authorities on crypto trading may have contributed to the reduced foreign […]

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OECD opens proposal on tax transparency framework for crypto to public comment

DIGIT — Tue, 22 Mar 2022 18:45:00 +0000

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards.

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OECD tax director says international crypto tax standards are coming in 2021

DIGIT — Fri, 27 Nov 2020 03:47:38 +0000

The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year.

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