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58.95%
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CoinOtag 2026-01-01 08:31:20

UK HMRC to Collect Crypto Transaction Data from Exchanges Starting Thursday

UK HMRC to Collect Crypto Transaction Data from Exchanges Starting Thursday

Starting Thursday, HMRC begins collecting full transaction data from crypto exchanges serving UK users under the OECD's Cryptoasset Reporting Framework (CARF). Exchanges must report purchase prices, sales, profits, and tax residency details, enabling governments to track undeclared gains across 48 countries initially. UK leads 48 countries in CARF implementation, targeting crypto tax evasion globally. Over [...]

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