BlackRock, JPMorgan to Meet in London as UK Crypto Tax Rules Go Live

London's financial elite converges as the UK implements sweeping crypto tax reporting requirements. BlackRock, J.P. Morgan, Mastercard, and Stripe will headline the London Digital Assets Forum, signaling growing institutional engagement with blockchain technologies. The Cryptoasset Reporting Framework (CARF) now mandates exchanges to disclose user transactions directly to tax authorities—a watershed moment for regulatory oversight.

Capital gains and income tax provisions under CARF eliminate previous ambiguities around crypto taxation. HMRC gains unprecedented visibility into exchange activity, closing loopholes that previously allowed opaque transactions. "London's regulatory evolution makes it the proving ground for blockchain's integration with traditional finance," observes Victoria Gago, co-founder of the Forum.

The city narrows New York's lead in global financial rankings, buoyed by 24% adult crypto adoption rates and Europe's densest concentration of blockchain talent. Over 70% of UK digital asset investments now target institutional-grade infrastructure, reflecting maturing market dynamics.