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The UK will require users to submit real-name information for digital assets, or face fines.

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ForesightNews
470Words
Jul 9, 2025

Her Majesty's Revenue and Customs (HMRC) will require users to provide service providers with certain information related to their digital asset activities from January 1, 2026, or face a fine of up to £300 ($408). Users must provide their full name, date of birth, address, country of residence, and tax identification number. The requirement involves users' transactions with all crypto service providers, including exchanges, wallet applications, NFTs, and market services. [Foresight News]

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