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    Home»News»Crypto News»The UK follows the Tax season activity
    Crypto News

    The UK follows the Tax season activity

    TenznewsBy TenznewsMay 19, 2025No Comments6 Mins Read
    The UK follows the Tax season activity
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    Plus: BTC near ATHS … so why is everyone sad?

    General Motors. The market slipped on the banana peel – or may have done a hurry. Either way, it gives Something. Let’s loosen it.

    ๐Ÿ‡ฌ๐Ÿ‡ง Forced the UK to report full user data for each encryption transaction.

    ๐Ÿ‹ News drops: Fix the Bitcoin RAM problem, co -founder of Blum Getted + More

    divider

    ๐Ÿ Market flavor today

    Yes… The graph seems less green than it was last week.

    This explains the reason Twitter encryption Like us, we return to 30 thousand dollars.

    … despite Bitcoin Still This is close ๐Ÿค To his highest level ever from 109 thousand dollars. So, what is the right of hell? ๐Ÿคจ

    Well, this is because Not the original cryptocurrency trading leads this BTC assembly – it’s Trafi:

    • BTC ETFS had $ 260.2 million in flows on Friday;

    • Metaplanet bought $ 104.3 million from BTC today;

    • The strategy added 7,390 BTC (approximately $ 765 million) to their holdings.

    Basically, the average retail FOMO – this is institutional money.

    and SYKODELIC trading says It is a good sign because it is The markets love to keep people guess.

    When everyone is optimistic and loud, this usually means that the correction is just around the corner. But when the atmosphere is confused or cautious? This is when we turn up.

    So, what next?

    Here is what Sykodelic expects before we go Turbo:

    • BTC to test the support is about 101 thousand dollars or 97.5 thousand dollars;

    • Eth Decrease to about $ 2,265;

    • Usdt dominance to up to 4.90 %, which is also where a The Cross of Death On the verge of composition – a technical signal means that USDT loses strength (= climb, as it indicates that merchants come out of Stablecoins and revolve again to origins like BTC and ETH).

    All of these can strike at the same time, creating the ideal storm: A little fear and some of the summons of the summons … before the start of the real interruption.

    If everything is planning, Sykodelic says that we will return at its highest level at the end of the week – or the worst case, by the end of the month.

    divider

    ๐Ÿฅ The harvest is mechanical

    Memecoins: Make 9-5 look like a hobby

    Data from 06:10 am EST.

    Check these memecoins and more here.

    divider

    If there is one thing that loves tax organizers, then it tracks Literally anything You may have.

    The tax organizers hear about ten cents that swallowed them

    And yes, Employment is no exception.

    Example: Starting January 1, 2026, the encryption companies in the United Kingdom You will have to Collecting and reporting personal data for each trade and transfer by users.

    What kind of data, may you ask? Everything.

    Your full name, home address, tax identity number, what is the currency you used, and the amount of your movement – All of this is recorded.

    Loss of report or sending incorrect data may cost up to 300 pounds (about 398 dollars) per user.

    So yes, Maaaajor escalate in encryption monitoring.

    U at

    Now, to be fair, this He can To be seen as a positive thing (Don’t cry, please, lemme explanation).

    More transparency means Less than fraud operations. This is good ๐Ÿ˜€๐Ÿ‘

    In addition, strict regulations can make Tradfi more comfortable work in working with encryption companies, which can open more partnerships and services = AW in terms of legitimacy and prevailing adoption.

    It will also be a good way for Discover encryption projects In reality Decentralization.

    but… Here where things become messy.

    Not only does it send coins around them – for many people, but rather to privacy, freedom and control of your own money.

    So when every small treatment must now come with your full legal identity, address and attached tax information … It is a direct blow to what made the encryption attractive in the first place.

    Users who are interested in privacy may move either to external platforms or counterparts to counterparts or wallets that are completely not completely as these rules do not apply.

    The result? The United Kingdom can end itself organizing its own encryption market.

    UK

    This brings us back to The same is not. Battle of encryption: compliance with freedom.

    • On one side, you have governments pay for more control in the name of safety and organization;

    • On the other hand, you have users who have resorted to Crypto to stay away from this exact type of monitoring.

    The challenge is now to find a medium floor: one that allows encoding to integrate with the real world without losing what made it different in the first place.

    Because if the privacy dies in the name of compliance, we are not only organizing Crypto – we are back away from its entire cause.

    You are now aware. But think about your friends – maybe they have no idea. I wonder who can fix that … ๐Ÿ˜ƒ๐Ÿซต

    Spread the word and be the hero you know!

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    ๐Ÿ‹ The news decreases

    ๐Ÿ—‘ Saifedean Ammous – the man who wrote Bitcoin standard – He wants to help stop the random mail on Bitcoin. He said he is ready to donate some BTC to support DeV full -time work to make random mail more difficult and more expensive.

    ๐Ÿš” Hong Kong police arrested 12 people to manage the encryption money laundering. They used more than 500 fake bank accounts to wash about $ 15 million.

    ๐Ÿ‘ฎ Vladimir Smirkes, one of the founders of the Bloom Blum encryption project on Telegram, was arrested in Moscow for fraud. He is accused of charges that can fall in prison for a period ranging between 2 to 12 years.

    ๐Ÿ’ก Vitalik Buterin, co -founder of Ethereum, suggested a new type of knot called “partially non -knot”. Instead of having to store all Blockchain data, this contract will only keep the parts you already need – which may make the operation of the node cheaper and simpler.

    ๐Ÿง Changenow is one of those cryptocurrencies that are no less than KYC – but is it good? We took it to rotate and wrote the details.

    divider

    ๐ŸŒ juicy memes

    activity season tax
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    Crypto News

    Summer slowdown has already started? – Bitrss

    By TenznewsMay 30, 20250

    Delay Best newsOnly from the major foundations Blockchainand Bitcoinand altcoins And different credit Sources of…

    George RR Martin says it will never end in the Game of Thrones series.

    May 30, 2025

    Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message

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    Trump clicks on a former right -wing podcast of Paul Innosia for the participation of a major surveillance body

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