The UAE Signs Multilateral Instrument for Crypto-Asset Reporting Framework

According to an update from the OECD, the United Arab Emirates signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information pursuant to the Crypto-Asset Reporting Framework (CARF MCAA) on 21 July 2025. The CARF provides for the reporting of tax information on transactions in crypto-assets in a standardized manner, with a view to automatically exchange such information. As of 26 August 2025, 51 countries have signed the GIR MCAA. According to a separate OECD docu…