@reza369
π₯ UK plans DeFi tax overhaul
π 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.
π If adopted, the UK could become one of the most tax friendly jurisdictions for DeFi with other countries likely to follow its lead.