
Foresight News|11月 29, 2025 01:47
[The UK Government to Implement New Crypto Tax Rules from January 2026 to Crack Down on Tax Evasion]
According to Foresight News, the UK’s HM Revenue and Customs (HMRC) has released new guidelines stating that it will implement new rules aimed at combating crypto tax evasion starting January 1, 2026. According to the guidelines, crypto exchanges operating in the UK will be required to collect detailed transaction records and complete information on all UK customers. HMRC will use the collected data to cross-check users’ tax returns to ensure tax compliance, with violators facing penalties. Additionally, the UK’s new guidelines will align with the Organisation for Economic Co-operation and Development (OECD)’s Crypto-Asset Reporting Framework to enhance transparency in the digital asset market.
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