CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinDesk 2025-07-09 10:32:55

UK Crypto Users Could Face $408 Fine for Failure to Provide Certain Information

Cryptocurrency users in the U.K. will be required to provide certain information to service providers relating to their digital asset activity from Jan. 1 2026, or risk a fine. Users must provide their full name, date of birth, address, country of residence and tax identification numbers. Failure to do so could land them a penalty of up to 300 pounds ($408). His Majesty's Revenue and Customs (HMRC) said the information will help users' crypto activity be linked to their tax record to work out how much tax is payable. The requirement pertains to users' dealings with all businesses classed as crypto service providers. These include exchanges, wallet apps, non-fungible token (NFT) marketplaces and services that help users manage their crypto portfolios. Read More: Crypto for Advisors: It's Tax Time

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约