THE BLOCK: UK HMRC to defer capital gains tax on certain crypto lending and liquidity pool activity under "no gain, no loss" treatment from April 2027
AI Market Summary
UK HMRC plans to apply "no gain, no loss" treatment to certain crypto lending and liquidity pool transactions, deferring capital gains tax until an economic disposal from April 2027. The change reduces near-term tax friction and reporting complexity for DeFi participants, potentially supporting activity and liquidity provision. With an estimated 700,000 individuals affected, the policy signals a more accommodating regulatory stance for on-chain yield and LP strategies.
Impact level
● Medium
Affected assets
ETH/USDT+1.17%
AI Insight · ETH/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
THE BLOCK reports that the UK's tax authority, HMRC, plans to apply a "no gain, no loss" rule to specific crypto lending and liquidity pool transactions. Under the change, capital gains tax would be deferred until an economic disposal occurs. The policy is set to take effect in April 2027 and is expected to impact around 700,000 individuals.