UK Should Tax Crypto To Boost Economy, Says Cavendish Bank Chair

Quick Summary:

Cavendish Investment Bank chair Lisa Gordon advocates for imposing taxes on UK crypto purchases in a bid to boost the country’s economy.

Gordon finds it alarming that over half of the country’s young citizens own crypto, but not equities.

Reportedly, only 18 companies were listed on the London stock market last year, marking a significant decline from 23 in 2023.

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: IndiaEl SalvadorSouth Korea

Topics: United Kingdom Crypto Taxation 24/7 Cryptocurrency News Cryptocurrency Taxes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 08:47:24 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27272565

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 27 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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