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UK's New Reporting Requirements for "Crypto Bros" from 2026

|Approved Changes|United Kingdom
United Kingdom

UK HMRC has issued a release on new reporting requirements for "Crypto Bros" from 2026.

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New Crypto reporting rules from January 2026

Crypto bros being forced to pay fair share of tax

  • New rules will help unmask anyone evading tax due on their crypto profits
  • UK crypto holders must provide personal details to crypto service providers from January 2026 or face penalties of up to £300
  • Aligns with government's Plan for Change to ensure everyone pays their fair share of tax to fund vital …

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