New UK Rules Demand Full Disclosure of Crypto Transactions by 2026 - Crypto Head
These regulations will apply to all users and entities, including , , and .
may lead to .
This move aligns with the , designed to enhance global tax cooperation.
The is urging firms to begin to ensure compliance before the deadline.
Officials say the policy supports both and .
In April, proposed additional legislation to regulate , , and , reinforcing the UK’s stance against fraud and instability.
— MiCA Crypto Alliance (@MiCA_Alliance) May 9, 2025
Unlike the , the UK will or impose volume caps.
According to the FCA, crypto ownership in the UK rose to 12% of adults in 2024, up from just 4% in 2021, signaling rapid growth in the sector.
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