Regulatory Scrutiny - UK tax authority HMRC sent "nudge letters" to approximately 65,000 suspected crypto tax evaders, more than double the previous year's figure [1] - HMRC will leverage exchange data to monitor tax evasion [1] - Starting in 2026, HMRC will collect detailed user information under the OECD's CARF framework [1] Tax Implications - In the UK, selling or spending crypto is subject to capital gains tax [1] - Staking and airdrops are considered income for tax purposes in the UK [1]