Thought crypto was about freedom and anonymity? You're mistaken. Starting January 1, 2026, the UK tax authority HMRC is introducing strict rules: all crypto platforms must collect personal data from users — name, address, and tax ID. Platforms that do not comply with these requirements risk a fine of up to £300 for each user.

🌍 Why is this important?

This is part of a global trend — authorities are tightening control over cryptocurrency to combat money laundering and tax evasion. Crypto in 2025 is no longer a game, but a serious financial force that requires transparency.

⚠️ What awaits users?

Anonymity is fading away. Even decentralized services working with Brits will be required to conduct strict KYC procedures. This changes the game and sets a new level of control.

Be prepared: other countries may follow the UK's lead. Your data is now in the spotlight, and this is the new reality of the crypto world.

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