The UK government proposes a new tax framework for decentralized finance (DeFi) users, aiming to simplify compliance and reduce upfront tax burdens. The proposal involves deferring tax liabilities […]
UK Tightens Crypto Tax Scrutiny: HMRC Targets Unreported Gains
The UK’s tax agency, HMRC, is stepping up its efforts to crack down on unreported crypto gains among investors. The initiative includes new compliance measures impacting all cryptocurrencies […]
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 […]
UK HMRC Sends 65,000 Crypto Tax Notices, Double Last Year’s Figures
The UK’s tax authority, HMRC, has issued over 65,000 notices to suspected crypto investors who haven’t filed taxes for the 2024-25 tax year. This move reflects a significant […]