OECD Aims to Deliver Crypto Reporting Framework to G-20 in Fall

The OECD plans to release a draft technical framework on crypto-asset reporting later this month to help governments regulate and capture tax from the booming industry.

The Organization for Economic Cooperation and Development’s crypto-asset reporting framework will include model technical rules and a commentary written to allow wide adoption and eventually allow nations to share data with one another, said Julien Jarrige, a G-20 Finance Track advisor at the OECD.

The goal is to have the final framework ready to present to the Group of 20 in the fall, he said.

Complementing the OECD’s work, the Biden administration on ...