UK Crypto Investors Receive 65,000 Tax Letters from HMRC – Market Reacts to Increased Scrutiny

The UK’s tax authority, HMRC, has sent a significant wave of reminders to crypto investors, with 65,000 letters issued in 2025. This figure marks a staggering 134% increase compared to the previous year, signaling increased regulatory oversight and enforcement action. This surge highlights a growing focus on cryptocurrency taxation in the UK, as HMRC aims to ensure compliance among retail and institutional investors alike.