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Friday, November 22, 2024
More
    bitcoin
    Bitcoin (BTC) $ 98,179.31
    ethereum
    Ethereum (ETH) $ 3,323.90
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 633.57
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 1.27
    binance-usd
    BUSD (BUSD) $ 0.994318
    dogecoin
    Dogecoin (DOGE) $ 0.384773
    cardano
    Cardano (ADA) $ 0.819665
    solana
    Solana (SOL) $ 255.23
    matic-network
    Polygon (MATIC) $ 0.448907
    polkadot
    Polkadot (DOT) $ 5.92
    tron
    TRON (TRX) $ 0.198795
    HomeFinanceUK Treasury seeks feedback on taxation of DeFi staking and lending

    UK Treasury seeks feedback on taxation of DeFi staking and lending

    The tax therapy of lending and borrowing on decentralized finance (DeFi) protocols could quickly be modified within the UK, because the tax arm of the Treasury seeks data on a attainable new regime.

    April 27 session by HM Income and Customs will run till June 22 and calls on “buyers, professionals and companies engaged in DeFi actions” in addition to consultant our bodies and suppose tanks to submit their views on the proposed DeFi tax therapy by the federal government.

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

    Proceed studying on Coin Telegraph

    See also  South Korea Might Set Up New Prosecution System For Crypto Criminals
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