Over Three Years, UK HMRC Recovers Over £8 Million in Tax Evasion Settlements with Hundreds of Crypto Investors

Odaily Planet Daily News: After three years of cracking down on cryptocurrency tax evasion, the UK's HM Revenue & Customs (HMRC) has recovered over £8 million in taxes by reaching settlements with hundreds of crypto investors. According to data obtained through a Freedom of Information request, over the past two years, 502 crypto investors have entered into disclosure settlement agreements with HMRC for unpaid taxes. In the 2024/25 tax year, 280 individuals settled with HMRC, with total payments reaching £3.5 million; in the 2025/26 tax year, the number of settlements dropped to 222, but the total amount increased to approximately £4.8 million.