The UK will strictly investigate the taxation of cryptoassets, and exchanges will be required to report all user data from 2026
2025-11-28 17:58:45
HM Revenue and Customs (HMRC) has issued new rules that from January 1, 2026, all cryptocurrency exchanges operating in the UK must collect and maintain complete transaction records of users and report them to HMRC in 2027 for use in comparing tax returns and cracking down on crypto tax evasion. UK tax experts have warned that crypto users need to sort out their tax situation by the end of 2026 to avoid potential sanctions.
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