📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    India will begin sharing cross-border crypto transaction

    data from April 1, 2027 under which global framework? 
    A Basel III Framework Correct Answer Incorrect Answer
    B Financial Action Task Force (FATF) Correct Answer Incorrect Answer
    C Crypto-Asset Reporting Framework (CARF) Correct Answer Incorrect Answer
    D Financial Stability Board (FSB) Correct Answer Incorrect Answer
    E OECD Inclusive Framework Correct Answer Incorrect Answer

    Solution

    India will start sharing cross-border crypto transaction data under the Crypto-Asset Reporting Framework (CARF). The framework is designed to curb tax evasion and illicit financial flows by enabling automatic exchange of information related to crypto assets among participating jurisdictions.  

    Practice Next

    Relevant for Exams:

    ask-question