The UK government proposes implementing a 'no gain, no loss (NGNL)' tax rule for DeFi lending and liquidity pool transactions. This means capital gains tax will be deferred until there is a 'real economically significant transfer of assets.' In other words, when users deposit crypto assets into lending protocols or AMMs, it will no longer be considered a taxable 'disposal.' Tax will only be calculated when there is an actual profit or loss from the final sale or exchange. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52604