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While specific policies vary, there's a notable trend toward increased surveillance and control. The UK, EU, and the United States are at the forefront of this movement, each adopting measures that tighten the grip on crypto activity.

United Kingdom: Stricter Data Collection and Tax Reporting

Starting January 1, 2026, the UK will require crypto exchanges, brokers, and custody platforms to collect detailed user transaction data. This data will be sent directly to HM Revenue and Customs (HMRC), the UK’s tax authority. For UK residents, this means providing personal information—name, date of birth, address, national insurance number—as well as comprehensive details about each transaction, including value, asset type, and units traded.