More than 40 countries, including the UK, implement new crypto tax regulations requiring exchanges to collect user transaction records and report them.

2026-01-01 09:15:16

Mars Finance reports that the UK and over 40 other countries have implemented new crypto asset tax regulation rules. According to the Crypto Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD), major crypto exchanges are required to collect complete transaction records for UK users and report user transaction details and tax residency status to Her Majesty’s Revenue and Customs (HMRC).

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