Source: International Business Times
Britain's tax authority, HM Revenue & Customs (HMRC), has announced that qualifying crypto lending and decentralized finance (DeFi) liquidity pool transactions will receive "no gain, no loss" treatment beginning April 6, 2027. Unsplash/André François McKenzie The United Kingdom is overhauling the way it taxes certain cryptocurrency transactions, becoming one of the first major economies to formally recognize that lending digital assets and participating in decentralized finance liquidity pools do not always represent a meaningful change in ownership. The move comes as governments worldwide continue refining cryptocurrency regulations amid broader efforts to attract digital asset businesses while improving tax compliance.
