general

UK tax authority sends 65000 letters to suspected crypto tax evaders

TLDR HMRC sent 65, 000 crypto tax warning letters in 2024-25, up 134% from 2023-24. Crypto exchanges now share user data with HMRC for tax compliance tracking. Seven million UK adults now own crypto, up from five million in 2022. CARF rules begin in 2026 to enable global crypto tax data sharing with HMRC. HM Revenue [.] The post UK tax authority sends 65000 letters to suspected crypto tax evaders appeared first on CoinCentral.

general

Pro-XRP Lawyer Reveals What Ripple’s Latest Announcement Means

The post Pro-XRP Lawyer Reveals What Ripple’s Latest Announcement Means appeared com. Pro-XRP Lawyer Reveals What Ripple’s Latest Announcement Means | Bitcoinist. com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source:.