According to Foresight News, the Financial Times reports that the United Kingdom and more than 40 other countries have begun implementing new tax regulations for crypto assets starting January 1. These regulations are based on the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD). Major crypto exchanges are now required to collect comprehensive transaction records for UK users and report their trading activities and tax residency status to Her Majesty's Revenue and Customs (HMRC). The UK is among the first 48 countries to adopt this framework
source: https://www.binance.com/en/square/post/34490380568913?utm_source=BinanceNewsRSS