UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' for Users

The United Kingdom has put forward a new proposal for a 'No Gain, No Loss' tax rule specifically aimed at the decentralized finance (DeFi) sector, which represents a significant victory for users involved in this rapidly evolving financial landscape. This proposed regulation seeks to address the unique challenges posed by DeFi investments, allowing participants to engage in trades and transactions without incurring tax liabilities unless they actually realize a profit. By emphasizing a tax framework that recognizes the nuances of digital assets and DeFi, the UK government is taking important steps to foster innovation while providing much-needed clarity and support for users navigating this emerging market. source: https://www.coindesk.com/policy/2025/11/27/uk-proposes-no-gain-no-loss-tax-rule-for-defi-in-major-win-for-users