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United Kingdom Regulatory Agenda Decentralized Finance (DeFi)

BCLP

Stumbling Block? What is the Path Ahead for DeFi Through the Eyes of Policymakers?

BCLP on

DeFi development carried quietly on throughout 2023, but DeFi protocols also faced significant hurdles. In the US, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) increased their...more

Cadwalader, Wickersham & Taft LLP

UK Government Announces DeFi Lending and Staking Consultation

In yet another development for the UK cryptocurrency sector, on 5 July 2022 the UK Government announced a consultation as to the taxation of cryptoasset loans and “staking” within the context of decentralised finance...more

Cadwalader, Wickersham & Taft LLP

UK Revenue Guidance on Cryptoasset Lending and Staking Using Decentralised Finance

In early February, HMRC published a new chapter in its Cryptoassets Manual dealing with decentralised finance (“DeFi”). DeFi is an umbrella term encompassing a range of products which are comparable with traditional financial...more

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