UK’s HMRC is enforcing new reporting rules targeting crypto firms, requiring them to gather user data starting January 1, 2026, and submit the first reports by May 2027. Compliance is essential for companies classified as reporting crypto asset service providers.
More than 60 countries, including major economies such as the US and Australia, are committing to the OECD’s Crypto Asset Reporting Framework, enhancing global efforts to monitor crypto transactions to prevent illicit activities.
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