📊 DATA:
UK crypto investors declared £1.38B in gains for 2024–25—but the distribution tells a much bigger story.
Just 240 individuals accounted for £717M, meaning a tiny group generated more than half of all declared crypto gains.
The real shift is still ahead: from 2027, CARF reporting will give HMRC access to platform data, making it much harder to rely solely on self-reported numbers.
Crypto taxation is moving from trust-based reporting to data-driven verification.
Will this bring more transparency—or simply push investors toward greater privacy? 👀
#Crypto #bitcoin #CryptoNewss #Blockchain #Web3
UK crypto investors declared £1.38B in gains for 2024–25—but the distribution tells a much bigger story.
Just 240 individuals accounted for £717M, meaning a tiny group generated more than half of all declared crypto gains.
The real shift is still ahead: from 2027, CARF reporting will give HMRC access to platform data, making it much harder to rely solely on self-reported numbers.
Crypto taxation is moving from trust-based reporting to data-driven verification.
Will this bring more transparency—or simply push investors toward greater privacy? 👀
#Crypto #bitcoin #CryptoNewss #Blockchain #Web3
