Brothers, the crypto world exploded again this week. The UK's #HMRC suddenly struck hard, requiring all exchanges to provide transaction records for every trade made by UK users starting from January 1, 2026. All details of asset purchases and sales must be reported directly to the tax authorities for cross-checking. Anyone who dares to evade taxes will be punished.

Immediately following, the People's Bank of China held a meeting targeting stablecoins, stating that this thing is just a disguise for crime, with high risks of money laundering, fraud, and smuggling funds. Illegal financial activities must be eradicated!
The global regulatory storm has arrived, and many people still naively think that BTC is a tax haven where they can secretly hide their wealth. Wake up, it has disrupted the tax cake of various countries, and tax evasion and money laundering directly challenge the bottom line of sovereign currencies. Exchanges have turned into service providers, only sending HMRC data to calculate your taxes.
In fact, this is not just about plugging leaks; it also reshapes market valuations and accelerates compliance in the sector. In short, the wave of transparency has arrived, and the era of tax evasion is coming to an end. The valuation logic of BTC has changed. Why are countries taking action simultaneously? Because the cake is too big, and everyone wants a piece of it. @cz_ @heyi #BTC