Aave founder Stani Kulechov said on Sept. 10 that he had submitted comments to HM Revenue & Customs, proposing changes to the tax treatment of crypto-backed lending and stablecoins in the UK. He also said stablecoins should be included in Individual Savings Accounts, or ISAs. According to Kulechov, that change could allow millions of UK ISA users to receive tax benefits in the future when lending out stablecoins. The statement was made in a post cited by BlockBeats.
Aave founder Stani Kulechov said on Sept. 10 that he had submitted comments to HM Revenue & Customs (HMRC), calling for changes to the tax treatment of crypto-backed lending and stablecoins.
He also proposed that stablecoins be included in Individual Savings Accounts, or ISAs, which he said could allow millions of UK ISA users to receive tax benefits in the future when lending stablecoins.
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