
星球日报|Nov 29, 2025 00:47
[The UK Government to Implement New Crypto Tax Rules Starting January 2026, Strictly Cracking Down on Tax Evasion]
Odaily Planet Daily News – The UK’s HM Revenue and Customs (HMRC) has released its latest guidelines, announcing that new rules aimed at combating cryptocurrency tax evasion will take effect on January 1, 2026. According to the guidelines, cryptocurrency exchanges operating in the UK must begin collecting detailed transaction records and complete information for all UK customers. HMRC will use the collected data to cross-check users' tax returns to ensure tax compliance, with violators facing sanctions. Additionally, the UK's new guidelines align with the Organisation for Economic Co-operation and Development (OECD)'s Crypto-Asset Reporting Framework, aiming to enhance transparency in the digital asset market. (CoinDesk)