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Taxopedia  ›  C  ›  Cryptocurrency
C · Glossary

Cryptocurrency

Digital assets like Bitcoin and Ethereum — taxed as chargeable assets for CGT.

For UK tax, cryptocurrency is a chargeable asset — gains and losses fall under Capital Gains Tax. Mining/staking rewards and airdrops are usually taxable as income at the point of receipt.

HMRC requires Section 104 pooling for share-matching. We work from your exchange CSVs to compute this correctly.

Related terms

BitcoinA decentralised cryptocurrency; for UK tax purposes treated as an asset for CGT.EthereumA blockchain platform with the cryptocurrency ETH — taxed as a chargeable asset.Capital Gains Tax (CGT)UK tax on profits from selling chargeable assets — 18% basic, 24% higher (2025/26).

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