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BTCC / BTCC Square / Financemagnates /
UK Crypto Crackdown: Firms Forced to Snag Customer Addresses, Tax IDs Starting 2026

UK Crypto Crackdown: Firms Forced to Snag Customer Addresses, Tax IDs Starting 2026

Author:
Financemagnates
Published:
2025-05-19 05:29:09
19
3

UK Crypto Firms Will Need to Collect Every Customer’s Address, Tax Number from 2026

Brace for paperwork—UK crypto businesses face a regulatory gut punch as HMRC tightens its grip. From 2026, every customer’s home address and tax number becomes mandatory loot for compliance vaults.

Privacy advocates rage while exchanges groan—yet another bureaucratic hurdle in finance’s least bureaucratic sector. Guess someone at the Treasury finally noticed crypto doesn’t fit neatly in their 1980s spreadsheet models.

Pro tip for traders: Your favorite offshore KYC-free haven just got more attractive. Meanwhile, UK firms? Start hiring more compliance officers—or praying for a regulatory miracle.

|Square

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