๐ฌ๐ง UK Crypto Alert โ New Tax Rules from 2026 ๐จ
Starting 1 January 2026, HM Revenue & Customs (HMRC) will begin enforcing strict new regulations under the Cryptoasset Reporting Framework (CARF). That means all crypto service providers โ exchanges, wallets, brokers โ operating in the UK will be required to collect and report detailed user and transaction data.
Hereโs what changes:
โข Platforms must collect personal data (name, address, date of birth, tax ID) and record every crypto transaction (buy, sell, exchange, transfer, value, cryptoโtype, etc.).
โข From 2027, platforms will start sending transaction reports directly to HMRC for all activity in 2026.
โข If you trade or invest in cryptocurrencies โ including Bitcoin ($BTC) โ you must ensure all gains or income are properly declared.
If you live in the UK and hold or trade crypto: get your records in order now. Nonโcompliance could result in fines โ and with HMRC getting direct access to your transaction history, undeclared gains wonโt stay hidden.
