India to Start Cross-Border Crypto Transaction Data Exchange from April 2027

India will begin sharing and receiving cross-border cryptocurrency transaction data from April 1, 2027, under the OECD-led Crypto-Asset Reporting Framework (CARF). Preparations are underway to finalize the technical data exchange format. The government aims to enhance oversight of crypto transactions, especially those on foreign platforms, and has proposed strict penalties for exchanges and intermediaries that fail to comply with reporting rules. This move aligns with global efforts to curb tax evasion and illicit financial flows.