Lol, this is CARF. The OECD's version of "we were late to crypto control, so now we're panicking and collecting everything". Yep, my country is on the list, and I'm "glad" things are starting to get regulated. We have a new finance minister who is aggressive on revenue and conservative on spending. And I wonder how they're going to collect all this stuff too.
This covers centralized and certain decentralized exchanges, crypto ATMs, and brokers and dealers that fall within the scope of the new rules.
Are there any leaks about which DEXs are affiliated with the government?
Work for CARF started in 2019 and got accepted in 2023, so this new only to latest countries. I am not sure why some people thought it wouldn't happen for their countries.
And DEXes are viable solution only if you are going to stay inside crypto ecosystem and never cash out, or if you aren't considering to buy something expensive with your cryptos. Because if you start to connect your cryptos to anything tangible that you need to report, you are going to have hard time to prove the origin of your cryptos. Especially if you wanted to hide it the first place.
There's going to be some privacy though, as there are only so much countries even want to know, or have resources to find out.