X @UK CBT
UK CBTยท2025-05-19 14:32
๐ฌ๐ง New UK crypto reporting rules incoming!TLDR: crypto-asset service providers will be held to the same reporting standards as traditional financial institutions.From 1 Jan 2026, UK-based cryptoasset service providers must collect and report user data to HMRC, under the Crypto-Asset Reporting Framework (CARF), aligning with OECD standards.๐ Whoโs affected?Any platform that facilitates crypto transactions : exchanges, brokers, dealers.๐ What data is required?โข Individuals: name, DOB, address, tax IDโข Entitie ...