UK government reports 240 crypto millionaires in 2025
About 17,600 people in the UK reported a combined $1.9 billion in gains tied to crypto in the 2024 to 2025 tax year, with 240 each declaring more than $1.4 million. The United Kingdom’s tax reporting agency said that 240 people claimed more than 1 million British pounds ($1.4 million) in capital gains from digital assets in the previous tax year.
Why It Matters
This story touches on united-kingdom, crypto, government — topics readers are actively tracking. Review and add editorial context before publishing.
Key Facts
- Fact 1: About 17,600 people in the UK reported a combined $1.9 billion in gains tied to crypto in the 2024 to 2025 tax year, with 240 each declaring more than $1.4 million.
- Fact 2: The United Kingdom’s tax reporting agency said that 240 people claimed more than 1 million British pounds ($1.4 million) in capital gains from digital assets in the previous tax year.
- Fact 3: According to data from HM Revenue and Customs released on Thursday, 240 people reported about $975 million combined from capital gains tied to cryptocurrency in the 2024 to 2025 tax year, with each reporting more than $1.4 million.
- Fact 4: This data included 17,600 individuals who reported digital asset gains over the same period, amounting to $1.9 billion, and $18.7 billion in “disposal” from selling or trading assets.
About 17,600 people in the UK reported a combined $1.9 billion in gains tied to crypto in the 2024 to 2025 tax year, with 240 each declaring more than $1.4 million. The United Kingdom’s tax reporting agency said that 240 people claimed more than 1 million British pounds ($1.4 million) in capital gains from digital assets in the previous tax year.
According to data from HM Revenue and Customs released on Thursday, 240 people reported about $975 million combined from capital gains tied to cryptocurrency in the 2024 to 2025 tax year, with each reporting more than $1.4 million. This data included 17,600 individuals who reported digital asset gains over the same period, amounting to $1.9 billion, and $18.7 billion in “disposal” from selling or trading assets. “Taxes are due on cryptoasset gains just like any other gains, and we want to make sure people making gains from crypto know about what taxes they owe,” said James Murray, Financial Secretary to the UK Treasury and Paymaster General.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Keep Reading
Energean in Exclusive Talks for $1 Billion BP Egypt Gas Deal
How much beef does the US import, and where does it come from?
Maine Democrat backs Trump’s Canada tariffs: ‘It won’t go well for them’
