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Thursday, November 21, 2024
More
    bitcoin
    Bitcoin (BTC) $ 98,260.33
    ethereum
    Ethereum (ETH) $ 3,351.23
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 622.36
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 1.17
    binance-usd
    BUSD (BUSD) $ 0.981631
    dogecoin
    Dogecoin (DOGE) $ 0.385142
    cardano
    Cardano (ADA) $ 0.791966
    solana
    Solana (SOL) $ 254.55
    matic-network
    Polygon (MATIC) $ 0.444858
    polkadot
    Polkadot (DOT) $ 5.85
    tron
    TRON (TRX) $ 0.198944
    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  The WebX convention welcomes distinguished friends: Japanese Prime Minister, CEO of Yuga Labs, Kabosu (Doge), Desdemona (AI Robotic)
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