Crypto investors brace for a potential tax crackdown. | Credit: WPA Pool / Getty Images. . Key Takeaways The British crypto sector is on edge for potential tighter tax enforcement and crackdowns at the upcoming U.K. budget. HMRC issued 65,000 warning letters to suspected crypto tax under-payers in 2024/25. Crypto leaders caution that rising taxes and regulatory uncertainty are driving investment abroad. With Chancellor Rachel Reeves preparing her first Budget on Nov. 26, the U.K.’s crypto sector ...