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G20 sets 2027 as the year in which it hopes members can tax crypto transactions

Leaders settle for modest action on issues including AI, stablecoins, cross-border payments

The annual G20 leaders’ summit has delivered a tame set of resolutions regarding technology, with a 2027 target year for the implementation of a planned CryptoAsset Reporting Framework (CARF) the most impactful proposal as it is designed specifically to take into account the crypto sector’s aim of providing an alternative to established and regulated financial institutions.…

Author: Laura Dobberstein. [Source Link (*), The Register]

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