{
  "url": "https://openlegislation.uk/reporting-cryptoasset-service-providers-due-diligence-and-reporting-requirements-regulations-2025",
  "json_url": "https://openlegislation.uk/reporting-cryptoasset-service-providers-due-diligence-and-reporting-requirements-regulations-2025.json",
  "id": "uksi/2025/744",
  "title": "The Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) Regulations 2025",
  "short_title": "Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) 2025",
  "long_title": "These Regulations make provision implementing the rules and commentary set out in the OECD Crypto-Asset Reporting Framework first published in 2022 and subsequently amended in June 2023 and October 2023 (‘the rules’). They impose obligations on certain individuals and entities that make available a trading platform or provide a service effectuating exchanges between cryptoassets and fiat currencies or between one or more forms of certain cryptoassets, where those individuals or entities have a relevant nexus to the UK (‘UK reporting cryptoasset service providers’). UK reporting cryptoasset service providers are required to carry out due diligence on users of their services, to report information about those users to HMRC and to notify those users that the information will be reported to HMRC.",
  "citation": "S.I. 2025/744",
  "type": "uksi",
  "year": "2025",
  "number": "744",
  "version": "current",
  "date": "2025-06-24",
  "revised": true,
  "valid_from": "2026-03-18",
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
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      "heading": "Introductory text",
      "url": "https://openlegislation.uk/reporting-cryptoasset-service-providers-due-diligence-and-reporting-requirements-regulations-2025/introduction",
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      "heading": "Electronic report system",
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      "path": "regulation/10",
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      "heading": "Registration with HMRC: UK reporting cryptoasset service providers",
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      "status": null,
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    {
      "path": "part/3",
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      "heading": "Penalties for breach of obligations",
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      "path": "regulation/15",
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      "heading": "Penalties for inaccurate or incomplete reports",
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      "path": "regulation/19",
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      "number": "19",
      "heading": "Liable persons",
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      "path": "regulation/20",
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      "status": null,
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      "heading": "Duplication of liability to penalties",
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