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bitcoin
Bitcoin (BTC) $ 75,799.31
ethereum
Ethereum (ETH) $ 2,897.00
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 595.56
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.550041
binance-usd
BUSD (BUSD) $ 0.999492
dogecoin
Dogecoin (DOGE) $ 0.192217
cardano
Cardano (ADA) $ 0.413872
solana
Solana (SOL) $ 196.63
matic-network
Polygon (MATIC) $ 0.342855
polkadot
Polkadot (DOT) $ 4.13
tron
TRON (TRX) $ 0.160215
More

    UK Treasury seeks enter on taxing DeFi staking and lending

    Latest News

    The tax remedy of lending and borrowing on decentralized finance (DeFi) protocols might quickly be modified in the UK because the taxation arm of the Treasury is in search of enter on a attainable new regime.

    An April 27 session by HM Income and Customs will run till June 22 and asks for “buyers, professionals and companies engaged in DeFi actions” together with consultant our bodies and assume tanks to submit their views on the federal government’s proposed DeFi tax remedy.

    A abstract of situations and their proposed tax implications. Supply: gov.uk

    Proceed Studying on Coin Telegraph

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