48 Jurisdictions Begin Crypto Tax Compliance Data Collection Under CARF
- Global Compliance Framework Launch: Under the OECD's Crypto-Asset Reporting Framework (CARF), 48 jurisdictions have begun collecting user transaction data, with full implementation expected by 2027, aimed at enhancing tax transparency and reducing evasion.
- Legal Framework Development: Participating countries must translate CARF requirements into domestic law, including due diligence obligations and reporting standards, with over 50 countries expected to be ready by 2027, thereby strengthening global tax compliance capabilities.
- UK Tax Regulation Update: The UK government mandates all crypto buyers to provide account information to tax authorities starting this Thursday, which is expected to uncover tens of millions of pounds in unpaid taxes, significantly enhancing tax compliance.
- Market Impact Assessment: With CARF's implementation, high-net-worth crypto investors will face stricter tax scrutiny, potentially altering trading behaviors and impacting investors' tax strategies and market liquidity.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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