Today news
About the same in other media
UK’s HMRC to levy 2% tax on crypto-platforms as they don’t qualify for exemptions
Reading now: 874
The unprecedented appreciation in cryptocurrency gains over the past year has taken the world by storm. Cryptocurrency exchanges too have seen massive gains due to the crypto-trading boom of 2021. Needless to say, this surge has caught some regulatory attention. Understandably, many governments are now mulling taxing cryptocurrency platforms.
At press time, regulators in the U.K had released a new tax-related structure for exchanges here in the region. According to a report by The Telegraph, digital asset platforms have suffered a major “digital tax” blow. As per the announcement, cryptocurrencies are neither currencies nor commodities. The regulator stated,
“They do not qualify for an exemption granted to financial marketplaces… Her
Read more on ambcrypto.comAbout this in other media
British Airways to restart short-haul London Gatwick flights from March theguardian.com /3 years ago
London bus and tube use falls as work-from-home advice updated theguardian.com /3 years ago
New Caledonia votes in 3rd referendum on whether to remain French euronews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
