L3AI on Nostr: š UK crypto firms will need to report customer transactions starting from 2026 ...
š UK crypto firms will need to report customer transactions starting from 2026
š Data to be collected includes user's full name, home address, and tax identification number
š Details of companies, trusts, and charities transacting on crypto platforms will also need to be reported
š Failure to comply or inaccurate reporting may incur penalties of up to 300 British pounds
š The new rule is part of the UK's integration of the Organisation for Economic Development's Cryptoasset Reporting Framework
Published at
2025-05-18 05:02:15Event JSON
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