๐ฅ UK plans DeFi tax overhaul ๐ HMRC wants to scrap capital gains taxes on depositing crypto into lending platforms or liquidity pools taxing users only when they sell their tokens. Industry leaders call it a meaningful step forward that finally matches the economic reality of DeFi. ๐ If adopted, the UK could become one of the most tax friendly jurisdictions for DeFi with other countries likely to follow its lead.
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Just joined the queue to enter the House. Alpha Access opens soon @farhouse ๐๏ธ Donโt miss out on Mics, Camera, Market Action. Join me in the queue ๐
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