CryptoUK Announces October Webinars on UK Crypto Regulation, Covering CARF and MARC

CryptoUK, a trade association representing the interests of the United Kingdom's cryptocurrency sector, will host two webinars in October focused on the country's evolving crypto regulations, according to an official announcement from the organization. The sessions will cover two key elements of the emerging framework: the Crypto-Asset Reporting Framework (CARF) and the market abuse rules known as MARC. CARF is a global tax transparency standard developed by the Organisation for Economic Co-operation and Development (OECD) that sets out how crypto-asset information is reported to tax authorities, while market abuse rules target conduct such as insider dealing and market manipulation. Organizers said the webinars are designed to guide firms through compliance requirements and preparation strategies as the regulatory landscape shifts, making them a practical entry point for firms weighing how the new rules will apply to them.

CARF Session on October 1

The first webinar, scheduled for October 1, will center on CARF. Participants will learn about new reporting requirements for HM Revenue & Customs (HMRC) and the implications these obligations carry for various types of crypto businesses. Because HMRC is the UK's tax authority, the session speaks directly to firms that will carry the reporting obligations. The discussion aims to give firms a clear picture of what will be required of them under the reporting regime.

MARC Session on October 15

The second session, set for October 15, will focus on MARC, addressing market abuse rules and their relevance to crypto trading platforms. Regimes of this kind are designed to deter insider dealing and market manipulation, so their application to trading platforms places conduct standards alongside the tax reporting changes firms are also preparing for. The webinar will examine how these rules apply to firms operating in the UK market.

Both webinars feature experts drawn from the legal, compliance, and industry sectors. According to the organizers, the sessions are intended to prepare firms for upcoming regulatory changes, reflecting a growing emphasis on compliance across the UK crypto industry.

About CryptoUK

CryptoUK advocates for effective regulation and compliance on behalf of the UK cryptocurrency industry. The organization's work is rooted in ensuring that crypto firms operate within a structured regulatory framework, with a focus on consumer protection and market integrity.

Regulatory Context

The webinars arrive at a time when UK crypto firms are preparing for changes anticipated under frameworks overseen by HMRC and the Financial Conduct Authority (FCA). The introduction of CARF and MARC may shape future market dynamics as firms align their operations with the new requirements, and developments from the sessions could influence compliance strategies across the industry. For firms tracking both regimes, the October sessions are the nearest scheduled opportunity to hear the tax reporting and conduct workstreams addressed side by side.

The evolving regulatory landscape presents both risks and opportunities for crypto firms, making it essential for stakeholders to stay informed about upcoming requirements as the UK's oversight of digital assets continues to take shape.

This article is for informational purposes only and does not constitute financial advice.