Does Crypto.com Report to HMRC?
Are you a Crypto.com user in the UK? HMRC could already have insights into your transactions. Find out what info is shared and what it could mean for you.
Crypto.com collects customer information in line with FCA regulations, and this data may be shared with HMRC.
HMRC uses this information to identify and contact individuals who may not be fully reporting their crypto transactions or paying the correct tax.
Starting in January 2026, UK crypto exchanges, including Crypto.com, will be required to gather customer data for HMRC under the new CARF (Crypto-Asset Reporting Framework) rules.
Is Crypto.com legal in the UK?
Yes, Crypto.com is legal in the UK. It is authorised to provide cryptocurrency services and e-money products under the regulations set by the Financial Conduct Authority (FCA), ensuring compliance with anti-money laundering and consumer protection standards.
Read next: Best Crypto Exchanges UK
Does Crypto.com report to HMRC?
Yes. Crypto.com could be sharing information with HMRC.
HMRC has asked major crypto platforms for details about UK taxpayers, and while it’s not confirmed if Crypto.com provided this data, several leading exchanges have already agreed to do so.
With the rollout of the CARF (OECD Crypto Asset Reporting Framework) in January 2026, HMRC has confirmed that all UK crypto exchanges, including Crypto.com, will need to collect and report customer data.
What does Crypto.com report to HMRC?
It’s currently uncertain what specific information Crypto.com may have shared with HMRC, as no details have been publicly disclosed.
However, with the implementation of CARF (OECD Crypto Asset Reporting Framework), all UK-based crypto exchanges, including Crypto.com, will be required to collect and share customer data with HMRC. This will include:
Full name
Address
Country of residence
Wallet address
Details of crypto transactions such as transfers, disposals, gross proceeds, and fair market value of assets
Crypto exchanges must begin collecting this information in January 2026 and report the data for the 2026 calendar year by May 2027 at the latest. Failure to comply could result in fines of up to £300 per user.
Read next: HMRC Crypto Letters
What does HMRC do with the information Crypto.com provides?
HMRC has used data from Crypto.com to send letters to taxpayers it believes may have underreported their transactions and owe taxes.
It’s also possible that HMRC is using this information to launch investigations into individuals suspected of not disclosing their crypto activities, with the goal of recovering unpaid taxes.
How do I report my Crypto.com taxes to HMRC?
UK-based Crypto.com users must report any crypto gains, losses, or income on their self-assessment tax return, which can be completed online through the Government Gateway.
Although Crypto.com doesn’t provide tax documents tailored for the UK, a crypto tax calculator like Koinly can help by generating the necessary tax reports.
Read next: Crypto Tax UK Guide
Report your Crypto.com taxes with Koinly
Koinly makes Crypto.com tax reporting easy. You can seamlessly sync your Crypto.com transactions by connecting via API or uploading a CSV file.
After your data is imported, Koinly calculates your gains, losses, income, and more, and generates the tax reports you’ll need to submit to HMRC. Learn how to prepare your Crypto.com tax forms with Koinly.
FAQs
Do I have to pay tax on my Crypto.com transactions?
Yes. Any gains over the tax-free allowance and any income from crypto are taxable in the UK. Learn more in our crypto tax UK guide.
Is Crypto.com registered with the FCA?
Yes. Crypto.com registered as a Virtual Asset Service Provider (VASP) with the FCA in August 2022 and received further approval as an Electronic Money Institution (EMI) in December 2023 to comply with UK regulations.
How do I avoid Crypto.com taxes in the UK?
Avoiding crypto tax in the UK illegally can result in serious penalties, but there are legal strategies to reduce your tax burden. Techniques like tax loss harvesting can help lower your overall bill.
Tools like Koinly’s tax optimization feature can simplify applying these strategies. Check out our guide on how to avoid crypto tax in the UK (legally).
