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UK’s Crypto Crackdown: Tax Dodgers Beware!

July 7, 2025 by BBG News

Get ready, crypto investors! The UK HM Revenue and Customs (HMRC) has announced that starting January 2026, you’ll be required to provide personal data to your digital asset service providers to ensure you’re not evading taxes. Failure to do so could result in fines of up to £300, or around $409.

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Authorities to Address Tax Evasion

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2025-07-08 14:22

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