A potential hike in the UK’s capital gains tax could impact the country's five million crypto community. The inability to use ISAs for tax protection adds to their concerns.
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.
Mercuryo joins CryptoUK, marking a significant step in the UK’s digital assets industry.
CryptoUK warns that the upcoming general election in the U.K. could delay crypto regulation by several months regardless of which party wins.