🇬🇧 UK Starts Reporting Crypto to Tax Authorities Under New Global Rules
From Jan 1, 2026: → Exchanges Must Report your Name, tax ID & Transactions → Data Shared with 48 Countries from 2027 → Tax: 18-24% on Profits (first £3K Tax Free) → £300 Fine for Each Unreported User
Good News: Self-Custody Wallets not Affected ✅
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🇬🇧 UK Starts Reporting Crypto to Tax Authorities Under New Global Rules
From Jan 1, 2026:
→ Exchanges Must Report your Name, tax ID & Transactions
→ Data Shared with 48 Countries from 2027
→ Tax: 18-24% on Profits (first £3K Tax Free)
→ £300 Fine for Each Unreported User
Good News: Self-Custody Wallets not Affected ✅