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Crypto Gains Are No Longer Guesswork for Tax Authorities
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Subscribe02 JAN 2026 / BUSINESS
The UK implemented the OECD's Crypto-Asset Reporting Framework (CARF) on January 1, 2026 which obligates major crypto exchanges to collect detailed transaction data of its users and report directly to HMRC. The implementation of CARF removes anonymity in crypto trading and increases enforcement of tax rules. The US plans to adopt CARF in 2028. The move impacts individual UK taxpayers and professionals who deal in crypto assets, signaling the end of the era of secrecy in crypto trading, and global coordination in crypto tax compliance.
Picture this. A crypto trader in London back in 2018, hoodie up, coffee cold, feeling invisible while swapping ETH for BTC at 2 a.m. No bank. No broker. No tax slip. Fast forward to 2026 and that same trade now comes with a paper trail thick enough to mak...
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