馃嚞馃嚙 UK Considers Major DeFi Tax Reform: Capital Gains Only When You Cash Out
馃嚞馃嚙 UK Considers Major DeFi Tax Reform: Capital Gains Only When You Cash Out
馃嚞馃嚙 UK's DeFi Tax Bombshell
The UK is exploring a significant tax policy shift for DeFi activities that could reshape how crypto transactions are taxed.
Key Changes Under Consideration:
- Capital gains tax would only apply when you actually dispose of crypto assets
- DeFi lending and liquidity pool participation may no longer trigger immediate tax events
- The "no gain, no tax" rule would defer taxation until final withdrawal
What This Means:
- Providing liquidity to DeFi protocols could become tax-neutral until you exit
- Lending crypto through DeFi platforms may not create taxable events
- Users could participate in yield farming without immediate tax implications
Current Uncertainty:
- This contrasts with Australia's approach, which taxes DeFi interactions immediately
- The proposal is still under consideration, not yet implemented
- Final rules could significantly impact DeFi adoption in the UK
This potential reform represents a major departure from traditional crypto taxation approaches and could make the UK more attractive for DeFi users.
UK eyes a new no gain, no tax rule for #DeFi, pushing capital gains tax to the moment you actually part with your crypto. Lending and liquidity pools just got a plot twist 馃摐馃挕鈿★笍馃殌
OPENAI Token Now Available for Cross-Chain Routing on Bridgers
Bridgers has added support for $OPENAI token, enabling users to route it across multiple blockchain networks. **Key Features:** - Non-custodial execution through smart contracts - Aggregated liquidity across chains - User-authorized transactions This addition follows recent listings of $ANTHROPIC, $gasDAI, and $XDAI on the platform. Bridgers continues expanding its cross-chain routing capabilities, now supporting over 40 blockchains and 600+ assets. The platform recently upgraded its user interface to provide clearer rate visibility and a more streamlined authorization and routing process. [Access the dApp](http://dapp.bridgers.xyz)
RCON Token Now Available for Cross-Chain Routing on BRIDGERS Platform
**RCON token is now live on BRIDGERS**, enabling users to move the token across different blockchain networks. **Key features of the integration:** - Non-custodial execution means users maintain control of their assets - Smart contract-based routing handles the technical process - Aggregated liquidity pools facilitate transfers - Users authorize transactions directly from their own wallets The listing was announced earlier this month and is now accessible through the BRIDGERS platform at [dapp.bridgers.xyz](http://dapp.bridgers.xyz).
Bridgers Increases Bitcoin Transaction Capacity to Nearly 2 BTC Per Swap
Bridgers has expanded its cross-chain routing capacity, now supporting transactions of nearly 2 BTC per swap. **Key Features:** - Non-custodial execution with smart contract-powered routing - Aggregated liquidity across multiple blockchain ecosystems - Support for over 400 cryptocurrencies including BTC, XMR, and various tokens - Users maintain control by authorizing transactions from their own wallets The platform continues to add new token support, recently integrating BPRM (BASE), XMR, and various chain-specific assets. Bridgers focuses on optimizing execution paths by aggregating liquidity across different ecosystems. Access the platform at [dapp.bridgers.xyz](http://dapp.bridgers.xyz)
馃寜 Bridgers Enables Cross-Chain Bitcoin Transfers
**Bridgers now supports BTC cross-chain transfers**, allowing users to move Bitcoin between different blockchain networks. **How it works:** - Connect your wallet to [Bridgers dApp](http://dapp.bridgers.xyz) - Select your transfer route - Set the amount - Authorize the transaction The platform operates in the background to facilitate Bitcoin transfers across chains. Bridgers aggregates liquidity across multiple ecosystems to calculate optimal execution paths for cross-chain transactions, eliminating the need for multiple protocols.
馃殌 Ethereum's Fusaka Upgrade Goes Live
**Ethereum's Fusaka upgrade activated** at epoch 411,392, delivering major scalability improvements: - **PeerDAS introduced** - enables 8x higher rollup data throughput - **R1 curve + pre-confirmation mechanism** for better user experience - **Nodes process partial L2 data** - unlocks future gas limit increases - **Removes outdated components** - stronger DoS resistance - **Marks shift to twice-yearly hard forks** for faster evolution **Prediction markets expand** but face scrutiny: - Polymarket re-opens U.S. access for waitlisted users - Fanatics & Crypto.com launching sports prediction markets - Connecticut regulators accuse platforms of unauthorized sports betting **UK grants digital assets legal property status** - one of the most definitive global moves toward crypto legal clarity. **SEC blocks ultra-leveraged ETF launches** - warns 9 issuers to halt 3x-5x exposure plans or withdraw filings. **Solana Mobile reveals SKR tokenomics** for upcoming Seeker smartphone ecosystem with 10B total supply.