81,000 warning letters sent to crypto holders in HMRC tax crackdown

81,000 warning letters sent to crypto holders in HMRC tax crackdown - Published HM Revenue and Customs (HMRC) sent more than 81,000 letters warning cryptocurrency holders they may owe capital gains tax in the past year. A Freedom of Information (FOI) request seen by the BBC showed the number of letters sent by the tax authority had almost tripled since 2024.

What are your thoughts on this move and its broader impact on the ecosystem?

Reference: BBC News Tech (https://www.bbc.co.uk/news/articles/c0ej09nywdno?at_medium=RSS&at_campaign=rss)