UK Adds Crypto Capital Gains Disclosure In Tax Forms
U.K. residents will be mandated to disclose the value of their crypto holdings, beginning in the following tax year, which runs through April 2025.
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Bank of England increases interest rate to 3%, highest in 14 years
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5 Crypto firms permitted to function temporarily by FCA in UK
Key Takeaways: This comes at a time when Rishi Sunak, Chancellor to the Exchequer(Minister) wanted to make UK a crypto-hub. The companies which were granted access to are CEX.IO, Revolut, Copper, Globalblock, and Moneybrain. No information regarding how long these…