Written Question·Treasury·UIN 73418

Cryptoassets: Taxation

Tabled: 29 August 2025
Answered: 8 September 2025

Question

Neil Duncan-Jordan

LabourPoole

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of existing taxation arrangements on the lending or staking of crypto assets.

Answer

Dan Tomlinson
The government has engaged in detail with industry on the tax treatment for the lending and staking of cryptoassets, following the previous consultation on this issue. The government will be responding to the industry in due course.