Policy paper
Cryptoasset loans and liquidity pools
This measure is about the treatment of certain disposals involving cryptoasset loans and liquidity pools for Capital Gains Tax.
Documents
PDF, 415 KB, 12 pages
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Details
This measure will defer Capital Gains Tax in certain circumstances until an economic disposal of the cryptoasset.
This measure provides rules in relation to the following scenarios:
- single cryptoasset lending arrangements
- single cryptoasset borrowing arrangements
- automated market making arrangements
If you have any questions about the measure, email digitalassets@hmrc.gov.uk.
Updates to this page
Published 13 July 2026