Written Question·Treasury·UIN 91606
Cryptocurrencies: Capital Gains Tax
Tabled: 17 November 2025
Answered: 24 November 2025
Question
Mr Andrew Snowden
Conservative — Fylde
To ask the Chancellor of the Exchequer, whether the her Department will review the tax treatment of capital gains on cryptocurrency transactions to ensure clarity and compliance.
Answer
Lucy RigbyThe government recognises the significant potential for cryptoassets and blockchain technologies to drive economic growth in the UK and increase efficiencies across financial markets. We are committed to making the UK a world leading destination for cryptoassets.
Noting the novel and evolving nature of cryptoassets, it is right that the government keeps their tax treatment under review.