India will enforce a global framework for reporting offshore crypto assets starting April 1, 2027. The country plans to adopt the OECD's Crypto-Asset Reporting Framework (CARF) to enable automatic data sharing and enhance regulatory transparency. A senior finance ministry official confirmed that India will sign the Multilateral Competent Authority Agreement next year to facilitate the automatic exchange of tax-related information. This initiative aims to uncover hidden offshore crypto assets by ensuring that foreign exchange accounts, wallets, and trades are reported back to India. Koinx, a crypto tax software provider, noted the significant impact on investors, as offshore crypto holdings will be flagged and reported. The move is expected to improve transparency and strengthen regulatory oversight in India's cryptocurrency sector.