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
Mt. Gox Bankruptcy Case May See Resolution with Proposed Bitcoin Hard Fork
Former Mt. Gox CEO Mark Karpeles has proposed a Bitcoin hard fork to recover 80,000 BTC stolen from the exchange over a decade ago.
The hard fork would see the BTC, worth $5 billion and currently held by a single wallet, moved to a new address without the requirement of the original private k
CryptoNewsFlash3h ago
Chinese banks freeze accounts due to memos related to cryptocurrency
In the U.S., cryptocurrency regulations are loosening, while China tightens control, especially at retail banks. Users report account freezes for mentioning cryptocurrencies in transactions, demonstrating increased caution among Chinese investors.
TapChiBitcoin5h ago
South Korea to investigate cryptocurrency photo leak and seed phrase incident causing $4.8 million in tax authority losses
The Korea National Tax Service apologized after publicly sharing a photo of a hardware wallet seed phrase, which led to the theft of $4.8 million worth of cryptocurrency. The government has requested police intervention and will strengthen regulations on digital asset management.
GateNews5h ago
What signals did the US SEC send behind the new 2% discount regulation for stablecoins?
The U.S. Securities and Exchange Commission (SEC) issued guidance on payment stablecoins on February 19, allowing broker-dealers to treat stablecoins with a 2% discount when calculating net capital, thereby giving them a legitimate status in capital calculations. This adjustment helps to integrate stablecoins into the mainstream financial system and promotes digital asset trading and services. Peirce's statement and the GENIUS Act could potentially change the market landscape, although federal and state frictions still exist. Nonetheless, this move paves the way for regulatory integration of stablecoins.
区块客5h ago
JPMorgan Sees CLARITY Act as Catalyst Amid Crypto Sell-Off
The JPMorgan report discusses the proposed CLARITY Act aimed at providing clear regulations for digital assets, potentially passing by mid-2026. Key issues include stablecoin yield permissions and conflict-of-interest rules, which are delaying progress.
CryptoFrontNews6h ago
Turkey's ruling party proposes a 10% tax on crypto income and a 0.03% service provider transaction tax
The ruling party in Turkey has proposed a legislative draft to tax cryptocurrency income, requiring platforms to withhold 10% tax each quarter, and crypto service providers to pay a 0.03% transaction tax. Turkey has a high adoption rate of cryptocurrencies, with transaction volumes approaching $200 billion in 2025.
GateNews6h ago
