
Taxman Demands Crypto Users' Account Details
Multiple news sources report that the UK's tax authority (HMRC) is now requiring cryptocurrency exchanges to automatically share user account details to ensure investors pay taxes on crypto gains, with potential penalties for non-compliance. This move aims to address concerns about tax evasion in the crypto market, as HMRC seeks to collect unpaid taxes and increase transparency within the industry, which is also facing stricter regulation from financial watchdogs.



















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