DeFi Industry Hails HMRC’s Plan as Boost for Crypto Innovation

[madtrader]

Experts say the proposed tax shift better reflects real economic activity and could encourage broader DeFi adoption in the UK. Aave CEO Stani Kulechov called it a “major win” for users relying on stablecoin loans. Observers believe other jurisdictions may follow the UK’s more thoughtful approach.

[Nahid Hossen]

HMRC’s updated plan could set the UK apart as a crypto-friendly hub.