Fair Market Value (FMV) Reporting: A Breakthrough for Crypto Asset Valuation
The adoption of Fair Market Value (FMV) reporting is transforming how companies report digital assets, ensuring that financial statements reflect actual market conditions.
Lukka CARF Compliance
Automating Global Crypto Transaction Reporting
The Crypto-Asset Reporting Framework (CARF), introduced by the OECD, provides a new global framework for automatic exchange of tax-relevant information on transactions in digital assets. Businesses must navigate complex data collection, verification, and reporting across multiple jurisdictions. With over 60 jurisdictions committed to CARF, compliance is essential. In order to be ready for 2026, companies need to be certain they can meet these key data challenges now.
Businesses must overcome data complexity, validation, and reporting challenges before the 2026 deadline.
The crypto ecosystem spans thousands of assets and venues, each using different tickers and naming conventions, requiring advanced infrastructure for accurate reporting.
Crypto markets operate 24/7 without standardized pricing, making FMV assessments complex, especially for crypto-to-crypto transactions.
Compliance requires processing millions of transactions efficiently while meeting strict reporting deadlines across jurisdictions.
Institutions must implement robust security and governance practices to ensure secure and audit-ready reporting.
Simplify CARF Reporting
Lukka simplifies CARF reporting with automated data validation, structured aggregation, and real-time compliance monitoring, ensuring seamless regulatory adherence.
Streamlines CARF reporting by validating, reconciling, and generating regulatory-compliant reports.
Ensures precise pricing and categorization of crypto assets, reducing errors in reporting.
Processes and structures transaction data across 2,500+ venues to create clean, audit-ready records for accurate compliance.
Detects high-risk transactions and provides insights for regulatory reporting and compliance oversight.
The adoption of Fair Market Value (FMV) reporting is transforming how companies report digital assets, ensuring that financial statements reflect actual market conditions.
Why Financial Institutions Must Rethink Their Approach to Digital Asset Accounting The financial industry is undergoing a major transformation as digital assets become
In the world of crypto, where volatility is often the only constant, the way we value digital assets becomes paramount. Pricing by many
Learn how Lukka simplifies CARF reporting with automated data validation, structured aggregation, and real-time compliance monitoring, ensuring seamless regulatory adherence.
