<ul data-eligibleForWebStory="false"><li>UK authorities are cracking down on crypto tax evasion through a new reporting framework that will require crypto investors to provide personal data starting January 2026.</li><li>Investors failing to comply risk fines up to £300, while service providers could face penalties for inaccurate reporting.</li><li>The initiative aims to raise up to £315 million in tax revenue by 2030 to fund public services, align with OECD standards, and combat tax evasion internationally.</li><li>The UK's crypto regulatory overhaul includes upcoming rules by HMRC and plans by the FCA to establish a more comprehensive regulatory framework for digital assets.</li></ul>

UK Crackdowns On Crypto Tax Evasion: Investors To Face Fines Starting 2026

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