UK Crypto Exchanges Face New Data Requirements to Combat Tax Evasion from 2026

The UK crypto landscape is undergoing a significant change as new data collection regulations for exchanges take effect in January 2026. As part of efforts to combat tax evasion, HMRC (His Majesty’s Revenue and Customs) has implemented sweeping reporting requirements that will impact how digital asset transactions are monitored. Under these rules, all UK-based crypto exchanges must record and report comprehensive transaction history, including buy/sell dates, amounts, asset types, quantities, and customer identification details. This move aims to establish a clear trail for all cryptocurrency activities, preventing potential tax evasion by investors.