{"id":157473,"date":"2025-05-19T17:00:31","date_gmt":"2025-05-19T14:00:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157473"},"modified":"2025-05-19T03:57:40","modified_gmt":"2025-05-19T00:57:40","slug":"uk-sets-2026-deadline-for-crypto-firms-to-report-every-user-transaction","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/uk-sets-2026-deadline-for-crypto-firms-to-report-every-user-transaction\/","title":{"rendered":"UK Sets 2026 Deadline for Crypto Firms to Report Every User Transaction"},"content":{"rendered":"

Under the upcoming rules, companies must log<\/a><\/strong> every trade and transfer made by users \u2014 including personal information such as full names, addresses, and taxpayer IDs, along with transaction details like asset type and volume. Entities such as charities, businesses, and trusts will also fall under the reporting mandate.<\/p>\n

Non-compliance could result in fines of up to \u00a3300 per user, according to HM Revenue & Customs, which is urging crypto firms to begin preparing their systems now. The agency plans to issue implementation guidelines ahead of the enforcement date.<\/p>\n

The sweeping changes are part of the UK\u2019s adoption of the OECD\u2019s Cryptoasset Reporting Framework \u2014 a global standard intended to enhance transparency and tackle tax evasion in digital finance.<\/p>\n