UK Cryptocurrency Traders: New Reporting Rules

The UK government introduces new cryptocurrency trading rules, requiring traders to report personal details to platforms by January 2026, with fines for non-compliance. HMRC aims to improve capital gains tax compliance, potentially generating £315 million in tax by 2030. However, challenges in collecting required information may impact trading platforms and their customers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.