Crypto enthusiasts love airdrops. They often give the impression of free money and enable web3 users to quickly capitalize on being an early adopter of a particular project. However, are they really “free”? UK’s tax authorities have a rigorous view
Cryptocurrencies remove the need for centralised intermediaries and allow users to transact directly with each other, but that doesn’t mean they come without tax implications. In the UK, it is important to understand how cryptocurrencies are taxed in order