The UK will delay imposing capital gains tax on DeFi lending and liquidity pool deposits.
54 minutes ago
UK tax authorities have confirmed that depositing crypto assets into DeFi lending protocols and liquidity pools will no longer be classified as taxable disposals moving forward. This means investors will not be required to pay capital gains tax until an actual economic disposal of the assets occurs. The adjustment is outlined in a UK government policy document, set to take effect on April 6, 2027, and will amend the Taxable Benefits Act 1992. The policy change will impact approximately 700,000 individuals and trust trustees who use crypto lending and liquidity pool services.
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