UK Crackdown On Crypto Tax Evasion: New Rules Starting 2026
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Ahead of the upcoming regulatory overhaul, UK authorities have introduced a new set of reporting rules to ensure crypto investors are not deliberately evading taxes, including fines for those who fail to comply with the new requirements.
Authorities To Address Tax Evasion
On Monday, the UK HM Revenue and Customs (HMRC) office announced that, starting January 2026, crypto holders will be required to provide personal data to their digital asset service providers to validate that they are not evading taxes.
The new rules, known as the Cryptoasset Reporting Framework, require crypto service…
