## UK New Regulations Incoming: Exchanges Must Report All User Crypto Transactions Starting 2026

The UK HM Revenue & Customs (HMRC) recently announced new regulations for crypto exchanges, which will come into effect on January 1, 2026. According to the new rules, all crypto exchanges operating within the UK are required to collect complete transaction data of UK users and submit this data in full to HMRC within 2027.

This regulatory framework aligns with the Crypto Asset Reporting Framework (CARF) promoted by the Organisation for Economic Co-operation and Development (OECD). The standard has been recognized and implemented by major jurisdictions including the European Union, Canada, Australia, Japan, and South Korea, indicating that the UK’s move is further aligning with global crypto regulation trends.

For UK crypto users, experts recommend properly organizing and reviewing their transaction records before the end of 2026 to ensure data accuracy and completeness. Timely preparation not only helps avoid subsequent tax penalties but also demonstrates cooperation during regulatory reviews. As the regulatory framework continues to improve, the process of compliance in the crypto market has become an irreversible trend.