- Fintech
CryptoUK and a parliamentary group are calling for a change in the rules amid fears digital asset businesses could leave the UK
The crypto industry and MPs are raising concerns over decentralised finance platforms
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The UK’s crypto industry has banded together with a cross-party group of MPs to raise concerns over how authorities plan to tax decentralised finance platforms.
Trade body CryptoUK said in a 10 February note to members that it is in the process of responding to HMRC and the Treasury following updated guidance on how lending and staking on DeFi platforms is taxed.
The…