The White House is reviewing a proposal from the Internal Revenue Service to align with the OECD’s Crypto-Asset Reporting Framework (CARF). If adopted, this move would integrate U.S. regulations into a global system for automatic exchange of crypto account information, enabling the IRS to track American citizens’ offshore digital asset holdings. The proposal is part of a coordinated effort to combat tax evasion and enhance transparency, with CARF’s global rollout expected in 2027.