Starting January 1, 2026, crypto users in 48 places, like the UK and EU, will see the first real effects of the OECD's Crypto-Asset Reporting Framework (CARF). This framework will make crypto exchanges and platforms collect more details about users, check tax residency, and report balances and trans
Starting next year, crypto traders in the UK will have to share more personal details with trading platforms. This is part of new rules that aim to track crypto transactions and ensure people pay the right taxes. The UK government has decided that crypto service providers must collect and report cu
Crypto investors have not been great at paying taxes on time. A 2023 IRS review showed that only about 25% of crypto investors are likely to pay their taxes on time. But things are about to change in 2025. Starting in 2025, investors with accounts on centralized crypto exchanges will have their tra
