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UK Government Reports 240 Crypto Millionaires in 2025
Summary by Cointelegraph
4 Articles
4 Articles
240 UK taxpayers made more than $1.3 million each from crypto holdings in fiscal 2025
Britain's 240 crypto millionaires revealed in first HMRC cryptoasset tax data
Some 240 people declared more than £1 million each in capital gains from cryptoassets in the 2024 to 2025 tax year, according to figures published by HM Revenue and Customs, with the group reporting £717 million in gains between them. In total, 17,600 individuals made disposals of cryptoassets such as Bitcoin, Ethereum and Dogecoin that were liable to Capital Gains Tax during the year. Between them they reported disposal proceeds of £13.8 billio…
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