UK takes ‘meaningful step forward’ with proposed DeFi tax overhaul

The UK has proposed a “no gain, no loss” approach to decentralized finance transactions, scrapping capital gains taxes on deposits to crypto lending platforms.
Source: UK takes ‘meaningful step forward’ with proposed DeFi tax overhaul (https://cointelegraph.com/news/uk-crypto-tax-reform-no-gain-no-loss-defi-lending-liquidity-pools?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)