August 24, 2022

UK Tax Authority Publishes Updated Guidance Referring To The Ethereum Upgrade

The United Kingdom Tax Authority (HMRC), has updated its taxation guidance to reference the much anticipated Ethereum Upgrade, known as “The Merge”. Once The Merge is complete, Ethereum will complete one of its biggest milestones to date. Ethereum’s blockchain will transition from proof-of-work to proof-of-stake. The update is set to abandon traditional “proof-of-stake” methods that use […]