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X @UK CBT
UK CBTยท 2025-06-02 10:52
RT UK CBT (@UKCBT_org)๐Ÿ‡ฌ๐Ÿ‡ง 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.๐Ÿ” Whoโ€™s affected?Any platform that facilitates crypto transactions : exchanges, brokers, dealers.๐Ÿ“Š What data is required?โ€ข Individuals: name, DOB, ad ...
X @UK CBT
UK CBTยท 2025-05-19 14:32
๐Ÿ‡ฌ๐Ÿ‡ง 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.๐Ÿ” Whoโ€™s affected?Any platform that facilitates crypto transactions : exchanges, brokers, dealers.๐Ÿ“Š What data is required?โ€ข Individuals: name, DOB, address, tax IDโ€ข Entitie ...