India announced plans to initiate cross-border sharing of crypto transaction data from April 1, 2027, aligning with international efforts to improve transparency in the digital asset ecosystem. This development represents a significant regulatory milestone as India adopts the Crypto-Asset Reporting Framework (CARF) developed by the OECD.
The new framework will require crypto exchanges like ZebPay and other intermediaries to collect and report transaction-related data, including user details. This move reflects India's maturing stance on crypto regulation, emphasizing information exchange rather than restricting participation, ensuring cross-border crypto transactions are visible to regulators and tax authorities.
