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“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the U.K.," said the executive director of CryptoUK Ian Taylor
Pandey is a full-time cryptocurrency analyst and a journalist based in Australia. From major cryptocurrencies to NFTs he strives to provide insightful perspectives on the industry’s latest developments.
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the U.K.," said the executive director of CryptoUK Ian Taylor
IRS chief sees “mountains and mountains” of fraud in NFTs and cryptocurrencies as demand continues to rise going forward in 2022.