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Covering all topics related to cryptocurrency, including its definition, regulatory issues, and taxation, this is a comprehensive guide to the legal framework surrounding cryptocurrency in the UK.
The book provides an introduction to cryptocurrency and its background, explaining the technology behind it, the different types of cryptocurrency, and how it is used in the UK. It focuses on regulatory issues related to cryptocurrency, including the various laws and regulations that govern its use and the challenges that arise due to its decentralised nature. It discusses the taxation of cryptocurrency in the UK, including the rules for capital gains tax and income tax, as well as addressing the challenges that arise when dealing with cryptocurrency taxation due to the anonymity of users and the difficulty of tracking transactions. Covering other legal issues related to cryptocurrency, such as its use in money laundering and terrorist financing, it also analyses the legal challenges that arise when dealing with disputes related to cryptocurrency, such as theft or fraud.