UK Tax Rules May Ease DeFi Deposits for USDC and USDT Without Immediate Taxes

HMRC's new DeFi tax rules state that depositing cryptocurrencies into lending platforms like Aave is not a taxable event, allowing users to stake or borrow without immediate capital gains tax. This clarification, shared by Aave founder Stani Kulechov, promotes clearer compliance and wider adoption in the UK crypto space. Deposits into DeFi protocols are treated [...]