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HMRC recovers more than £8 million in taxes from 502 cryptocurrency investors

SmartContractAuditor

2026-07-24 00:41:11

Odaily Planet Daily reports that HMRC recovered more than £8 million from 502 crypto investors through a tax settlement. The related settlement was completed via HMRC’s Crypto Asset Disclosure Mechanism, which allows holders to declare unpaid taxes before a formal investigation begins. The UK Treasury aims to raise £315 million from an estimated 7 million crypto asset holders by 2030. (Coin Bureau)

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