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UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' for Users

by Simon Crypto Team
written by Simon Crypto Team 0 comments 28 views
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The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don’t reflect reality.

Tags: 039MajorDeFiGainlossproposesRuleTaxUsersWin039
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bitcoin
Bitcoin (BTC) $ 77,497.00
ethereum
Ethereum (ETH) $ 2,249.13
tether
Tether (USDT) $ 0.999471
xrp
XRP (XRP) $ 1.25
bnb
BNB (BNB) $ 704.96
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 1.00