[UK HMRC Sends Over 80,000 Warning Letters to Cryptocurrency Investors] According to a BBC report, in the 2025-26 fiscal year, the UK’s HM Revenue and Customs (HMRC) sent 81,172 warning letters, emails, and text messages to cryptocurrency investors suspected of underpaying taxes. In comparison, this figure was only 27,714 in the 2023-24 fiscal year. Accountants are urging investors to check whether they owe taxes, as new powers set to be introduced will make it easier for HMRC to target individuals.