🇬🇧 UK Drops Major DeFi Tax Break: “No-Gain, No-Loss” Rule Announced

🚨 BREAKING: 🇬🇧 UK Unveils Game-Changing “No-Gain, No-Loss” Tax Rule for DeFi

The UK just dropped one of the most crypto-friendly tax updates of the year — and it’s a massive win for DeFi users. 💥

Under the new proposal, moving assets into lending protocols or liquidity pools will no longer count as a taxable event.

That means no capital gains tax until you actually dispose of the assets.

This clears a major hurdle for DeFi participation in the UK:

✔ No CGT on deposits

✔ Simpler reporting

✔ More freedom for yield farming & liquidity providers

Crypto traders are calling it a huge step toward regulatory clarity and a big boost for the UK’s goal of becoming a global crypto hub.

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