Enhanced Reporting Tools Boost HMRC’s Crypto Enforcement
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HMRC’s visibility into crypto activity has improved dramatically. The agency now receives transaction data directly from major exchanges and will gain automatic access to global exchange data in 2026 under the OECD Crypto-Assets Reporting Framework (CARF).
Neela Chauhan, partner at UHY Hacker Young, explained:
“The tax rules surrounding crypto are complex. Many traders don’t realize that moving from one coin to another triggers capital gains tax.”
This expansion of data access signals a new era of enforcement, where UK authorities can identify underreporting more efficiently and pursue compliance at scale.
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Crypto traders can’t fly under the radar anymore — automated data sharing will make full transparency the new norm by 2026.
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Crypto tax visibility is entering a new era ,by 2026, global data integration will make every transaction traceable.