CoinOtag
2025-11-29 15:16:09

UK Crypto Reporting Rules May Raise Up to $417 Million in Tax Revenue by 2030

The UK government's Cryptoasset Reporting Framework (CARF) mandates crypto exchanges to collect and report customer details starting January 2026, aiming to raise £315 million ($417 million) in additional tax revenue by 2030 through improved compliance with capital gains tax on crypto profits. New rules require UK-registered crypto platforms to gather user information, including tax reference [...]

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