What Rachel Reeves’ budget means for crypto investors in the UK
The UK autumn budget turned out to be more crypto-friendly than many expected. While taxes are rising in some areas, the major fears for digital assets didn’t materialise. For crypto investors, any impact is indirect, coming over time through broader changes to income tax and capital gains rules.
Rachel Lin, CEO and co-founder of Synfutures, told Yahoo Finance UK that the budget won’t directly change how crypto gains are taxed.
“There are no headline changes that rewrite how HMRC treats crypto gains. Capital gains tax (CGT) treatment remains governed by existing guidance,” she said. Lin added that the government is still pushing for more disclosure and enforcement in the crypto sector, which could affect reporting…
