Crypto investors

UK Targets 65,000 Crypto Investors in Major Tax Crackdown

October 20, 2025
The UK’s HM Revenue & Customs (HMRC) has sent 65,000 warning letters to crypto investors suspected of underreporting taxes. The move, part of a broader crackdown on crypto tax evasion, follows a 134% surge in such notices. Backed by data from exchanges and the upcoming global Crypto-Asset Reporting Framework (CARF), the effort aims to tighten