Ledgible and Label Partner to Streamline Digital Asset Tax Information CARF & DAC8 Reporting and Compliance

Share This Post

Ledgible, the enterprise digital asset tax, accounting, and data reporting platform, today announced a strategic partnership with Label to deliver integrated CARF (Crypto Asset Reporting Framework) and DAC8 reporting solutions for digital asset businesses.

As digital asset adoption accelerates across exchanges, fintech platforms, custodians, and financial institutions, regulatory expectations are evolving just as quickly. From IRS Form 1099-DA requirements to global frameworks such as CARF and DAC8, organizations are facing increasing pressure to transform complex blockchain data into standardized, audit-ready reporting outputs.

Through this partnership, Ledgible and Label will combine their complementary capabilities to help institutions meet global requirements like CARF and DAC8 with greater efficiency and confidence. Ledgible’s platform ingests, normalizes and categorizes digital asset transaction data directly from blockchains, wallets, and exchanges, generating tax-calculated, compliance-ready records. Label complements this foundation by taking full ownership of the custom data and reporting layer, managing due diligence workflows, digital form collection and validation, data quality controls, including TIN and classification logic to ensure reportable data is complete and defensible. Label then generates jurisdiction-specific XML files aligned with submission requirements, supporting corrections, resubmissions, and ongoing reporting at scale across global CARF and related regimes.

Together, the two companies provide an end-to-end solution that bridges the gap between raw blockchain activity and global compliant information reporting — reducing operational burden while strengthening auditability and data integrity.

“Digital asset reporting requires both deep blockchain-native data transformation and precision in downstream information reporting,” said Kell Canty, CEO, Ledgible. “By partnering with Label, we’re enabling clients to move from transaction-level complexity to compliant reporting outcomes through a unified workflow.”

The partnership is designed to support exchanges, custodians, fintech platforms, and financial institutions preparing for expanding global digital asset reporting obligations.

Related Posts

Coinbase Files for Brazil Crypto License Ahead of Deadline

Cointelegraph is committed to providing independent, high-quality journalism across...

HTX Settles FCA Case Over Unlawful UK Crypto Promotions

Update (Oct. 29, 2026 at 13:30 UTC): This article...

Brazil Crypto Rules Leave Questions as Deadline Nears

Cryptocurrency exchanges operating in Brazil face mounting compliance costs...

Bank of England opens consultation on tokenized collateral for clearing

Central counterparties would need to show tokenized collateral meets...

French Senate Adopts Bill for Automatic Sharing of Crypto Tax Data

The French Senate adopted a bill to allow tax...

ECB President Christine Lagarde to step down in February 2027

Lagarde announced plans to step down as European Central...