Wu Blockchain (@WuBlockchain): The U.K.’s HMRC has issued new rules requiring crypto exchanges operating in the country to collect full transaction data from all U.K. users starting…
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The U.K.’s HMRC has issued new rules requiring crypto exchanges operating in the country to collect full transaction data from all U.K. users starting January 1, 2026, and submit the information to HMRC in 2027 so the tax authority can cross-check returns and curb crypto-related tax evasion. The framework aligns with the OECD’s Crypto-Asset Reporting Framework (CARF), already being adopted in the EU, Canada, Australia, Japan and South Korea. https://t.co/Ekuom6HQf2