Starting in April 2027, the UK’s tax authority will adopt a “no gain, no loss” approach to disposals involving crypto loans and liquidity pools, effectively deferring the country’s 18% to 24% capital gains tax.

UK defers crypto capital gains tax for loans and liquidity pools until 2027. XRP all-time high by December 31, 2026 at 8% YES.

HMRC adopts "no gain, no loss" treatment for certain crypto loans and liquidity pool transactions, deferring CGT until economic disposal.