Cryptocurrency News
UK government seeks public input on DeFi taxation
2022.07.06 00:31
UK government seeks public input on DeFi taxation
The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of Decentralized Finance (DeFi).
DeFi is an umbrella term that refers to financial applications that are built on top of blockchain technology. This could include anything from lending to borrowing and staking platforms.