Can I invest in crypto in UK? Yes, you can still buy cryptocurrencies in the UK. Crypto exchanges such as eToro, Coinbase and Uphold are registered with the financial services watchdog, the Financial Conduct Authority (FCA), and make it easy to buy, sell and hold up to 500 cryptocurrencies and digital tokens in the UK.
Is it legal to buy Bitcoin in the UK? Buying and selling Bitcoin is 100% legal in the UK, and there are many ways you can do it, as discussed in detail above.
Is crypto taxed in UK? Individuals pay capital gains tax on their total gains above an annual tax-free allowance of £12,300. Any gains above this allowance will be taxed at 10% up to the basic rate tax band (if available) and 20% on gains at the higher and additional tax rates.
Do you pay tax on cryptocurrency UK? Yes, you do – as with the disposal of any capital asset (and this includes trading in one crypto brand for another), you are liable to pay Capital Gains Tax.