Virtual Assets Regulatory Authority
Public Consultation on the UAE's Implementation of the Crypto-Asset Reporting Framework (CARF)
VARA circulated the UAE Ministry of Finance's public consultation on adopting the OECD Crypto-Asset Reporting Framework, under which VASPs would need to collect and report client tax-residency and transaction data; the consultation window closed 8 Nov 2025 per the Ministry of Finance's parallel notice, so this item is now a closed/superseded consultation pending final rules.
What firms should do
Yes - review CARF proposals and prepare for eventual client tax-data collection/reporting obligations
- Regulator
- Virtual Assets Regulatory Authority
- Type
- Consultation Paper
- Status
- Superseded
- Published
- 10 Oct 2025
- Consultation closes
- 8 Nov 2025
- Topic
- Compliance & Risk
- Impact
- High
Found automatically on the regulator's website and summarised by AI by Arakan Lexara. Not legal advice; check the official source before relying on it.
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