UK Mandates Crypto Firm Data Reporting: A New Era of Transparency Begins in 2026

The UK is set to introduce new regulations requiring crypto firms to report comprehensive customer data by 2026. This move, overseen by His Majesty’s Revenue and Customs (HMRC), represents a significant step toward increased transparency in the cryptocurrency industry. Starting January 1st, 2026, all UK-based and foreign crypto firms must comply with these new rules, aligning their operations with international tax cooperation efforts.