• 240 people reported more than £1 million in capital gains from cryptoassets in the 2024 to 2025 tax year official statistics show, accounting for £717 million of cryptoasset gains between them.
• Total taxable capital gains from cryptoassets for 17,600 individuals were £1.38 billion in the 2024 to 2025 tax year, with an average gain of £78,000 reported per individual.
• Following the introduction of a new international framework, cryptoasset service providers will be required to report customer information to tax authorities. HMRC will start receiving this data from 2027.

Figures published today by HM Revenue and Customs (HMRC) reveal 240 people declared more than £1 million in capital gains from…