🇬🇧 **In the UK, strict reporting requirements are being introduced for the crypto business.**

Starting from January 1, 2026, all crypto companies operating with users from the UK are required to:

- Identify each client (full name, address, tax number)

- Record each transaction: amount, asset, quantity, type of transfer

- Report even if the company is not British but serves UK clients

For errors or incomplete data, a fine of up to £300 per user may be imposed.

These standards are being introduced within the Cryptoasset Reporting Framework (CARF) - a global system to combat tax evasion.

Earlier: #BTC reserve is not planned 🚫