Yes, it is absolutely possible to learn about cryptocurrencies at CryptoAnswers.
What You Can Learn at CryptoAnswers.com:
CryptoAnswers is designed for beginners and experienced users alike. Here’s what the site offers:
Topic Area What You’ll Learn
Basics of Cryptocurrency What is crypto, how it works, and key terms
How to Buy & Sell Guides to exchanges, wallets, and security tips
Blockchain Technology Understanding how blockchains work
Wallets & Storage Types of wallets and how to store crypto safely
Crypto Security How to avoid scams, phishing, and rug pulls
Glossary of Terms Definitions of crypto slang and technical words
Tax & Legal Info Basics of crypto regulation (varies by country)
Compare Tools & Services Reviews and comparisons of exchanges and apps
Who It’s For:
Complete beginners with zero experience
Traders looking to compare platforms
Investors wanting to understand the risks
Students & researchers exploring blockchain tech
Bonus: Stuart Young — the founder — created CryptoAnswers to make crypto easier to understand without hype or misinformation.
Summary
Yes, CryptoAnswers is a great place to learn about cryptocurrency. It offers beginner-friendly guides, definitions, how-to articles, and comparisons — all in simple, easy-to-understand language.
Would you like a suggested learning path to follow on CryptoAnswers or other trusted crypto education platforms?
Will UK crypto holders be required to share personal details?
Yes — starting 1 January 2026, UK crypto holders will have to provide personal information to exchanges and other crypto platforms. This is part of the new Crypto-Asset Reporting Framework (CARF) that HMRC is implementing
What Information You’ll Need to Provide
According to official guidance, every UK crypto user must share the following with your service providers
Full name
Date of birth
Home address and country of residence
UK tax identification (National Insurance number or UTR)
For non-UK residents, a foreign tax ID from your home country will be required
.
How Crypto Platforms Will Use Your Details
From January 2026:
Platforms (exchanges, wallets, NFT marketplaces) must collect and verify your personal details .
They will also report all transactions (buys, sells, transfers, staking, airdrops) tied to UK taxpayers to HMRC
.
UK residents using overseas platforms are also covered if those platforms abide by CARF agreements
.
Penalties for Non‑Compliance
Platforms failing to collect or report accurate information face fines up to £300 per user
If users provide false or incomplete info, HMRC could investigate and impose penalties.
Additionally, every year by 31 May, platforms will file a detailed report covering the previous calendar year’s crypto data
.
Why This Is Happening
The UK is aligning with the OECD’s global framework aimed at preventing tax evasion through crypto .
HMRC will also cross-check this data to ensure that crypto gains are reported on your tax return, following recent increases in “nudge” letters reminding people of their obligations
.
Summary
1 Jan 2026: Crypto platforms must collect your personal details (name, DOB, address, tax ID).
These details will be reported to HMRC yearly.
Non-compliance can result in penalties for the platform and possible tax investigations for you.
Recommendations
Ensure your crypto accounts are up to date with accurate personal information.
Keep detailed records of your crypto transactions.
Be honest on your tax return, declaring all crypto gains — even small ones.
Consider consulting a tax professional if your crypto activity is significant.
Would you like help understanding how this will affect your tax filings or how to update your crypto accounts accordingly?
Relevant UK crypto tax headlines
Crypto holders instructed to provide details to platforms as HMRC clamps down on tax avoidance
May 19, 2025
Do I owe UK tax on my crypto assets?
Sep 17, 2024