UK Government Defers Capital Gains on Certain Crypto with ‘No Gain, No Loss’ Approach
The UK’s tax authority plans to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer the country’s capital gains requirements. In a Monday announcement, HM Revenue and Customs (HMRC) said that starting on April 6, 2027, it would adopt a “no gain, no loss” approach to disposals involving…