12 December 2025 | Friday | News
Picture Courtesy | Public Domain
Ledgible, the enterprise digital-asset tax, accounting, and data-reporting platform, announced the release of its Configurable CARF & DAC8 Data Engine, the industry's first production-grade software solution designed to transform raw blockchain transaction data into standardized, reportable records for Crypto-Asset Reporting Framework (CARF) and DAC8 compliance.
As governments around the world accelerate the implementation of CARF, following recent U.S. leadership recommendations to align with the global CARF standards, financial institutions, exchanges, custodians, and service providers are facing urgent new compliance requirements. CARF and DAC8 mandate cross-border digital-asset transactions information reporting in standardized formats, but the underlying blockchain data remains unstructured and not natively reporting-ready.
Rather than delivering static data exports, the Ledgible platform ingests digital-asset native data directly from blockchain networks, wallets, exchanges, and custodians, then programmatically categorizes each transaction event – including buys, sells, transfers, staking rewards, and income – into standardized CARF and DAC8 reporting classifications. The result is fully normalized, reporting-ready transaction data that can be delivered downstream to tax authorities and reporting partners in the correct global format.
Fintech Business Asia, a business of FinTech Business Review
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