240 people in the UK pay tax over $1 million from cryptocurrency
- The UK tax authority has for the first time released detailed figures on capital gains profits from cryptocurrency.
- In the 2024-2025 tax year, 17,600 people reported total profits of $1.87 billion from crypto.
- Specifically, 240 taxpayers had income from cryptocurrency investment holdings exceeding $1.3 million per person.
- The data shows that the scale of crypto trading and investment in the UK market is growing.
#BinanceSquare #CryptoNews #UKCrypto
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Source: CoinDesk
- The UK tax authority has for the first time released detailed figures on capital gains profits from cryptocurrency.
- In the 2024-2025 tax year, 17,600 people reported total profits of $1.87 billion from crypto.
- Specifically, 240 taxpayers had income from cryptocurrency investment holdings exceeding $1.3 million per person.
- The data shows that the scale of crypto trading and investment in the UK market is growing.
#BinanceSquare #CryptoNews #UKCrypto
$btc $eth
#vlikevn #Titanbot
Source: CoinDesk