The UK will strictly investigate the taxation of encryption assets, and exchanges must report all user data starting in 2026.

GateNews

Jinse Finance reports that the UK's HM Revenue and Customs (HMRC) has released new regulations stating that, starting January 1, 2026, all cryptocurrency exchanges operating in the UK must collect and maintain complete trading records of users and report them in full to HMRC by 2027, for the purpose of cross-referencing tax information and combating Crypto Assets tax evasion. UK tax experts warn that crypto users should organize their tax situation by the end of 2026 to avoid potential penalties.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
ChickenWingsAndDrumstvip
· 2025-11-28 21:18
It's going to big dump.
View OriginalReply0
LongAndShortSuckersvip
· 2025-11-28 18:03
Jinse Finance reports that the UK's HM Revenue and Customs (HMRC) has released new regulations stating that, starting January 1, 2026, all cryptocurrency exchanges operating in the UK must collect and maintain complete trading records of users and report them in full to HMRC by 2027, for the purpose of cross-referencing tax information and combating Crypto Assets tax evasion. UK tax experts warn that crypto users should organize their tax situation by the end of 2026 to avoid potential penalties.
View OriginalReply0