
Taxman Demands Crypto Account Secrets!
Multiple news sources report that UK crypto users must now share account details with tax authorities (HMRC) to ensure compliance with capital gains tax, as HMRC aims to collect unpaid taxes by automatically gathering user information from cryptocurrency exchanges. These changes, coupled with ongoing consultations for stricter industry regulations, seek to address tax non-compliance and potential issues like insider trading within the volatile cryptocurrency market.



















Discussion
Join the conversation
Be the first to comment