Vixio Highlights Regulatory Shifts in Crypto Tax Reporting, Operational Resilience, and UK Open Banking

Vixio has shared an update. The company highlighted recent global payments industry developments analyzed by its research team, including new crypto-asset tax reporting standards, operational resilience coordination among regulators, and the evolution of UK open banking toward broader open finance initiatives.

The post references the OECD’s new multilateral reporting framework for crypto assets, which is designed to curb tax evasion and avoidance via enhanced cross-border information sharing and standardization. This signals a tightening regulatory environment around digital assets, with potential compliance and reporting cost implications for market participants, but also greater institutional confidence in the sector over time.

Vixio also notes a Memorandum of Understanding focused on operational resilience, aimed at reducing fragmented or conflicting supervisory responses in crisis situations. While the MoU does not remove payments firms’ responsibility for managing third-party risk, it underscores regulators’ growing emphasis on systemic resilience and coordinated oversight, which could influence risk management spending and vendor selection across the payments value chain.

Finally, the company observes that UK open banking has produced a functioning ecosystem but is growing only incrementally, with regulators and firms increasingly focused on open finance and the next phase of payments reform. For investors, this points to a gradual rather than explosive growth trajectory in open banking, while suggesting emerging opportunities in broader data-sharing and embedded finance models as policy frameworks expand.

For Vixio itself, the update reinforces its positioning as a specialist provider of regulatory intelligence and analysis in payments, crypto, and financial data-sharing. While the post does not disclose financial metrics, sustained demand for detailed regulatory insight in these areas could support recurring revenue streams from financial institutions, payment providers, and fintechs seeking to manage compliance risk in an increasingly complex regulatory landscape.