Wu Blockchain reports that Aave founder Stani Kulechov stated that the UK’s HM Revenue & Customs (HMRC) has announced new rules for individuals and trustees participating in crypto asset lending and automated market maker liquidity pools. Under the “No Gain, No Loss” (NGNL) principle, capital gains tax will be deferred until an actual economic disposal occurs. The new regulations also specify that in qualifying crypto asset lending arrangements, borrowed assets will be calculated based on their market value at the time of borrowing, and returning the same type of assets will be treated as disposal at the same value. Collateral provided by borrowers will not be included in capital gains tax calculations. This measure will take effect on April 6, 2027, and is expected to impact approximately 700,000 people. https://(wublock123.com)/news/uk-hmrc-defi-tax-update-lending-deposits-no-capital-gains-64561