The UK government’s first official report on taxable crypto asset gains identifies 240 people who each declared more than £1 million in capital gains.

The total taxable capital gains from cryptoassets were £1.38bn in the year to April 2025 with the gains split across 17,600 individuals.

HMRC's first breakdown shows 17,600 people declared £1.38 billion, most of them under 55 and 87% of them men.