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"This decision shows the forward-looking approach we are determined to take towards cryptoassets in the UK." There are many different things you could do to show the "forward-looking approach" towards cryptoassets in the UK and this is not it @hmtreasury/1510971092072079360Permalink On twitter.com
Mood +2 🙂
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HMRC literally updated the crypto assets manual this year that made DeFi staking & lending a lot more hostile (you pay more tax basically) What about a separate yearly crypto aasets gains allowance similar to the capital gains allowance we get?Permalink On twitter.com
❤️ 1 Favorite
Mood +3 🙂
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Portugal currently has a 0% tax on crypto and is using that to attract talent to work on new crypto asset products/companies Singapore does not tax crypto Germany does not tax crypto (must be held for over a year)On twitter.com
❤️ 2 Favorites
Mood +5 🙂