Why CASPs Can't Afford to Wait
The regulatory clock is ticking. Non-compliance carries real consequences.
Tight Deadlines
DAC8 obliges EU crypto platforms to collect and validate tax data from January 1, 2026, with first reports due in 2027. CARF extends this to 76 jurisdictions worldwide.
90 days for self-certificationSevere Penalties
DAC8 penalties range from €20,000 to €500,000 per breach depending on jurisdiction. Account blocking mandated after 60 days for unresponsive users.
€20K – €500K per breachComplex Regulations
CARF spans TIN validation, self-certification workflows, XML schema generation, and cross-border reporting across multiple jurisdictions.
5 reporting categoriesEnd-to-End Compliance Services
From initial assessment to final XML submission — we cover every step of your CARF and DAC8 journey.
CARF Gap Analysis
Comprehensive audit of your current compliance posture. We identify gaps in data collection, TIN validation, self-certification workflows, and reporting processes.
AssessmentImplementation Support
Hands-on guidance to build compliant processes: user onboarding, self-certification collection, account blocking rules, and indicia detection systems.
BuildXML Reporting
We generate OECD-compliant CARF XML files ready for submission. Full XSD validation, proper ISO namespaces, and multi-jurisdiction support built in.
ReportingOngoing Compliance
Continuous monitoring and annual reporting cycles. We keep your processes aligned as regulations evolve, including DAC8 transposition updates across EU member states.
RetainThree Steps to Compliance
A proven methodology that gets you from uncertainty to full compliance.
Audit
We assess your current state: data flows, user base, existing processes, and regulatory gaps against CARF/DAC8 requirements.
Implement
Together we build the compliance framework: self-certification workflows, TIN validation, transaction monitoring, and reporting pipelines.
Report
We handle XML generation, XSD validation, and submission-ready file packaging. You focus on running your business.
Built for the Crypto Compliance Era
We don't just understand the regulations — we've built the tools to implement them.
OECD Framework Experts
Deep understanding of the CARF standard, CRS precedents, and how tax authorities interpret reporting requirements across jurisdictions.
Technology-Driven
We combine regulatory expertise with technical implementation — including automated XML generation and TIN validation systems.
Privacy-First Approach
Your data stays yours. We work on-premise or with air-gapped solutions — no cloud dependencies, no third-party data exposure.
Pragmatic, Not Theoretical
We focus on what actually gets you compliant — not 200-page reports. Actionable roadmaps, hands-on implementation, measurable results.
Who's Behind CARFDAC8
CARFDAC8 is built on 15+ years of hands-on regulatory experience across banking, insurance, and crypto-assets — including CRS, FATCA, and AML frameworks that CARF directly builds upon.
We combine deep regulatory knowledge with hands-on technical expertise — we don't just advise on CARF, we've built the software that implements it.
Common Questions
The Crypto-Asset Reporting Framework (CARF) is an OECD standard requiring Crypto-Asset Service Providers (CASPs) to collect, verify, and report user data to tax authorities. It applies to exchanges, brokers, and platforms facilitating crypto-asset transactions in adopting jurisdictions.
DAC8 is the EU Directive that transposes CARF into European law. It extends the scope to include e-money and digital currencies, and mandates implementation across all EU member states. DAC8 generally follows CARF requirements but includes additional EU-specific provisions like the 60-day minimum before account blocking.
DAC8 reporting obligations apply from January 1, 2026 across the EU, with first reports due in 2027. Other CARF-adopting jurisdictions (UK, Switzerland, Singapore, etc.) are implementing on similar timelines. CASPs should begin preparation now — self-certification collection and TIN validation processes take months to implement properly.
Under DAC8, penalties range from €20,000 to €500,000 per breach depending on the member state's transposition. Directors may face personal liability, and regulatory sanctions can include license revocation. CASPs must also block accounts of users who fail to provide self-certification within prescribed deadlines.
Yes. CARF is a global OECD standard adopted by over 76 jurisdictions worldwide, including the UK, Switzerland, Singapore, Canada, and Australia. We support CASPs operating in any adopting jurisdiction and handle multi-jurisdiction reporting requirements.
A typical engagement spans 8-16 weeks depending on the size and complexity of your operation. The initial gap analysis takes 2-3 weeks, followed by implementation of processes and systems. We recommend starting at least 6 months before your first reporting deadline.
Let's Talk Compliance
Book a free 30-minute consultation to assess your CARF readiness.
Ready to get compliant?
Whether you're just starting to explore CARF obligations or need help with an upcoming reporting deadline, we're here to help. No obligation, no sales pitch — just an honest assessment of where you stand.
Message Sent
Thank you! We'll get back to you within 24 hours.