UK to Ramp Up Crypto Oversight: Tax Forms to Include Separate Reporting for Crypto Assets - More Regulation Incoming?

The UK will ramp up oversight of the crypto sector with tax forms sent out to individuals now set to include a separate reporting option for crypto assets. The change to the tax form will take effect from the tax year that ends in April 2025, and applies to forms for capital gains tax. These are taxes investors pay when assets, including crypto assets, are sold for a profit....