Odaily Planet Daily News: Since April 6th, with the start of the new fiscal year, UK investors will no longer be able to add crypto exchange-traded notes (ETNs) to their “Stocks and Shares ISA” tax-free accounts. The UK tax authority HM Revenue and Customs (HMRC) has classified crypto ETNs as assets only suitable for “Innovative Finance ISAs,” and currently, no mainstream platforms plan to offer related products.
Investors who already hold crypto ETNs in their ISAs are not required to sell them. HMRC stated that, given the innovative nature of crypto assets and the market still being in development, they will continue to assess whether policy adjustments are necessary in the future.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strengthen silver-tax interactions! China encourages banks to use blockchain, but ordinary people trading coins and tokenizing everything is all illegal.
The Chinese government encourages banks to use blockchain technology to strengthen “bank-taxpayer interactions,” improve the financing environment for small and medium-sized enterprises, and at the same time comprehensively ban private cryptocurrency trading and mining, treating stablecoins and tokenization as illegal activities. This shows a clear policy boundary and emphasizes official oversight and financial security.
CryptoCity2h ago
Does the party fear secret mobilization? Jack Dorsey: China is asking Apple to remove Bitchat, a decentralized communications app
Apple has removed the decentralized communications app Bitchat due to China regulatory requirements. Because of its Bluetooth and mesh network features, it was deemed to carry social mobilization risk and to violate China’s Cybersecurity Law. Bitchat’s decentralized architecture makes it difficult for the government to regulate; it has played a role in protests in multiple countries. The app remains usable outside China, and its downloads have continued to increase recently.
CryptoCity3h ago
Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal
The U.S. Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators required to write and oversee rules under last year's Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
The FDIC's proposal —meant t
CoinDesk4h ago
Strengthen silver-tax interaction! China encourages banks to use blockchain, but people trading coins and doing tokenization are all breaking the law
The Chinese government encourages banks to use blockchain technology to strengthen “bank-tax interactions,” improve the financing environment for small and medium-sized enterprises. At the same time, it fully bans private cryptocurrency trading and mining, treats stablecoins and tokenization as illegal activities, demonstrates clear policy boundaries, and emphasizes official oversight and financial security.
CryptoCity9h ago
Prediction markets win big! Court rules: New Jersey has “no authority to ban” Kalshi from launching sports event contracts
The U.S. Federal Court of Appeals ruled that the state of New Jersey lacks the authority to bar Kalshi, a sports-betting prediction market platform regulated by the CFTC, from launching sports event contracts, finding that federal law takes precedence over state law. Although Kalshi prevailed, experts say this is only a temporary victory, and the Supreme Court will ultimately need to decide the jurisdiction issue.
区块客9h ago
