UK Targets 65,000 Crypto Investors in Major Tax Crackdown

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 tax compliance and boost transparency in digital asset trading. The post UK Targets 65,000 Crypto Investors in Major Tax Crackdown first appeared on The Shib Daily source: https://news.shib.io/2025/10/20/uk-targets-65000-crypto-investors-in-major-tax-crackdown/