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Author: Lewis Bowmaker
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The Best Crypto Tax Software in the UK 2023
In the rapidly evolving landscape of cryptocurrency trading, one aspect has remained consistent: the watchful eye of tax authorities. The UK’s HMRC is no exception, with its intensified scrutiny on cryptocurrency transactions. For UK traders, this means one thing – the pressing need to ensure accurate and compliant crypto tax calculations. The stakes are high,…
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Cryptoassests and Tax in the UK (2024)
Cryptocurrency, once a niche and often misunderstood market, has undoubtedly paved its way into mainstream finance. As adoption grows, so does the need for clarity regarding its fiscal implications. For those in the United Kingdom, understanding cryptocurrency taxation isn’t just a matter of due diligence—it’s essential for staying compliant with HMRC’s regulations. Whether you’re an…
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What are ‘Bored Ape’ NFTs?
The non-fungible token (NFT) market has witnessed a whirlwind of innovation and value creation over the past few years. Amid this dynamic landscape, certain projects stand out, not only for their market value but for the cultural impact they’ve had. One such project is the Bored Ape Yacht Club (BAYC) – a collection of 10,000…
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What are NFTs?
Non-Fungible Tokens, commonly referred to as NFTs, have marked their territory as one of the most discussed topics in the realm of digital assets. Soaring to prominence in 2020, these unique digital assets have revolutionized how we perceive value in the digital world. Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are distinct in nature. Their…
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Bitcoin Mining and Proof of Work Explained
In the vast expanse of the digital realm, Bitcoin has emerged as a shining beacon, revolutionizing the concept of currency. Just as pioneers once ventured westward, driven by the allure of gold, today’s digital pioneers embark on a different kind of quest: mining Bitcoin. However, this is not the pick-and-shovel work of old; it’s a…
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How to Invest in Bitcoin in the UK
Bitcoin! The name probably stirs up images of skyrocketing price charts, news headlines, or perhaps even stories of early adopters becoming millionaires. No doubt, it has taken the world, including the UK, by storm. If you’ve landed here, you’re likely considering joining the growing league of Bitcoin investors in the UK. And why not? Bitcoin,…