UK Crypto Transactions Under New Reporting Rules by 2026

The UK government has announced new reporting requirements for cryptocurrency transactions, set to come into effect in 2026. The aim is to increase tax transparency and compliance within the country’s crypto industry. These changes follow international guidelines from the OECD’s Crypto-Asset Reporting Framework (CARF). Starting January 1st, 2026, exchanges must report detailed transaction records of UK clients to HM Revenue & Customs (HMRC). This aligns with global efforts to ensure greater financial transparency in the crypto space.