“Cypto assets are not financial instruments” – British taxman

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HMRC said crypto assets “are not financial instruments” and do not qualify as commodities or money, meaning online exchanges that sell cryptocurrencies such as Bitcoin and ethereum are not able to claim an exemption for financial marketplaces.

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www.telegraph.co.uk/business/2021/11/28/bitcoin-exchanges-face-digital-tax-raid/

 

h/t Jigg3r

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