The British government will implement new crypto tax regulations from January 2026 to strictly investigate tax avoidance

According to Foresight News, Her Majesty’s Revenue and Customs (HMRC) has issued the latest guidance stating that it will implement new rules aimed at combating crypto tax avoidance from January 1, 2026. According to the guidance, crypto exchanges operating in the UK must start collecting detailed transaction records and complete information on all UK customers. HMRC will use the data collected to cross-check users’ tax returns to ensure tax compliance, and violators will face sanctions. Additionally, the UK’s new guidance will be aligned with the OECD’s Crypto-Asset Reporting Framework to increase transparency in the digital asset market.
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