UK to Require Full Crypto Transaction Reporting Beginning in 2026
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- UK to mandate full crypto transaction reporting from 2026 under expanded CARF rules.
- New “no gain, no loss” tax plan delays DeFi capital gains until token disposal.
- FCA policies face criticism for creating friction and limiting stablecoin usability.
The United Kingdom is considering a shift in its oversight of digital-asset activity, confirming that domestic crypto platforms will be required to report detailed user transaction data starting in 2026.
The plan amounts to the country’s broadest expansion of the Cryptoasset Reporting Framework (CARF) to date and will give His Majesty’s Revenue and Customs (HMRC) automatic access to both domestic and foreign crypto information for the first time. Officials noted that the decision aims to strengthen tax transparency ahead of CARF’s initial global data exchange cycle, scheduled for 2027.
Framework Expands to …
Read The Full Article UK to Require Full Crypto Transaction Reporting Beginning in 2026 On Coin Edition.
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UK to Require Full Crypto Transaction Reporting Beginning in 2026
Share:
- UK to mandate full crypto transaction reporting from 2026 under expanded CARF rules.
- New “no gain, no loss” tax plan delays DeFi capital gains until token disposal.
- FCA policies face criticism for creating friction and limiting stablecoin usability.
The United Kingdom is considering a shift in its oversight of digital-asset activity, confirming that domestic crypto platforms will be required to report detailed user transaction data starting in 2026.
The plan amounts to the country’s broadest expansion of the Cryptoasset Reporting Framework (CARF) to date and will give His Majesty’s Revenue and Customs (HMRC) automatic access to both domestic and foreign crypto information for the first time. Officials noted that the decision aims to strengthen tax transparency ahead of CARF’s initial global data exchange cycle, scheduled for 2027.
Framework Expands to …
Read The Full Article UK to Require Full Crypto Transaction Reporting Beginning in 2026 On Coin Edition.
In This News
Funds
Share:
In This News
Funds
Share:
Read More
Donald Trump May Cut Income Tax Completely: What It Means for the Crypto Market?