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BTCC / BTCC Square / Global Cryptocurrency /
UK’s New Crypto Tax Law Reshapes Landscape for Digital Gambling

UK’s New Crypto Tax Law Reshapes Landscape for Digital Gambling

Author:
Global Cryptocurrency
Published:
2025-05-05 12:09:02
6
1

The UK’s newly enacted cryptocurrency tax legislation is set to ripple across all sectors of the digital economy—including the burgeoning crypto gambling market. While initial reactions suggest these reforms may dampen investor enthusiasm, a closer examination reveals potential long-term benefits for market legitimacy.

Capital gains tax (CGT) will now apply to crypto transactions exceeding annual allowances, introducing compliance requirements that could deter casual participants. Yet this regulatory clarity may ultimately professionalize the space, separating speculative dabblers from serious institutional players.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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