Starting 2026, every crypto platform operating in the UK will need to report all user transactions to tax authorities. Is this the end of privacy in crypto trading? The new mandate aims to crack down on tax evasion, forcing exchanges to hand over complete transaction histories of UK-based traders.
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SchroedingerMiner
· 8h ago
Damn, it's happening again, the regulators have come out with new policies again and again.
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LiquidityWitch
· 11-30 06:18
nah they're just trying to transmute our freedom into their surveillance ledger... the real alpha was always in the shadows anyway tbh
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PermabullPete
· 11-30 05:57
The operations in the UK are really amazing, starting from 2026 it will be fully transparent... I've said before that when regulations come, we can just run to other chains.
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WhaleInTraining
· 11-30 05:43
UK mandatory reporting of trading records in 2026... Can't hold it in anymore, is this the future of Web3?
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BearMarketSurvivor
· 11-30 05:41
I knew it would be like this; privacy has long been gone in web3.
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DegenWhisperer
· 11-30 05:40
The UK is doing this trap, it really feels like privacy is gone... Starting in 2026, all transaction records must be reported, who can withstand this...
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BrokenDAO
· 11-30 05:38
Here comes the old trick of "to combat tax evasion" again... Once the equilibrium of the game is broken, no one will believe any promises anymore.
Starting 2026, every crypto platform operating in the UK will need to report all user transactions to tax authorities. Is this the end of privacy in crypto trading? The new mandate aims to crack down on tax evasion, forcing exchanges to hand over complete transaction histories of UK-based traders.