Key Takeaways HMRC’s crypto tax letters increased 25% to 81,000. Crypto exchanges and lending can produce taxable events. Global reporting will expand HMRC’s access to transaction data. HMRC Crypto Tax Letters Increase 25% The United Kingdom’s tax agency has intensified scrutiny of cryptocurrency investors, sending 81,000 warning letters during the past 12 months, UHY Hacker Young said Aug. 20. The accountancy group obtained the figures through a Freedom of Information request. The total increased 25% from approximately 65,000 letters in the previous year. Those communications, commonly called nudge letters, give recipients an opportunity to disclose unpaid tax before HM Revenue …