X @Wu Blockchain

Regulatory Compliance - UK's HMRC requires crypto exchanges to collect full transaction data from all UK users starting January 1, 2026 [1] - HMRC will receive the data in 2027 to cross-check returns and curb crypto-related tax evasion [1] - The framework aligns with the OECD's Crypto-Asset Reporting Framework (CARF) [1] Global Adoption - CARF is already being adopted in the EU, Canada, Australia, Japan, and South Korea [1]