The UK tax authorities have sent out 65,000 reminder letters to individuals suspected of encryption tax evasion, twice the amount from last year.

Odaily News The UK tax authorities have issued approximately 65,000 “payment reminder letters” to individuals suspected of owing taxes on Crypto Assets, doubling in number from last year. Under the current UK tax system, selling, exchanging, or spending Crypto Assets generally incurs Capital Gains Tax, while stake rewards and Airdrop gains are considered taxable income. (The Block)