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UK HMRC Sends Tax Warning Letters to Over 81K Crypto Holders, Up Nearly 3x YoY

Source: X Community

UK tax authority HMRC has issued warning letters to more than 81,000 cryptocurrency holders, nearly triple the number from last year, urging them to declare and pay taxes on their crypto gains. This marks a significant escalation in regulatory enforcement, potentially impacting the broader crypto market as investors face increased scrutiny.

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