The post UK Begins Major Crypto Tax Crackdown Under Global Reporting Rules appeared first on Coinpedia Fintech News
The UK has officially started one of its biggest crackdowns on crypto tax evasion. As of January 1, 2026, the government began enforcing the OECD’s Cryptoasset Reporting Framework (CARF), rules to prevent crypto tax evasion and improve transparency in the market. Failing to obey the rule will result in a hefty fine and strict legal …