Cryptocurrency users in the United Kingdom must provide certain information to service providers related to their digital asset activity as of January 1, 2026, or risk a fine.
Users must provide their full name, date of birth, address, country of residence and fiscal identification numbers.
Otherwise, it could obtain a penalty of up to 300 pounds ($ 408).
The income and customs of His Majesty (HMRC) This information will help the cryptographic activity of the users to be linked to their fiscal registry to determine how much tax is paid.
The requirement refers to the treatment of users with all companies classified as suppliers of cryptographic services. These include exchanges, wallet applications, non -fungible token
Markets and services that help users manage their encryption wallets.
Read more: Crypto for Advisors: It is tax time
