Legal Aspects of Cryptocurrency in the UK (eBook)

Covering all topics related to cryptocurrency, including its definition, regulatory issues, and taxation, this is a comprehensive guide to the legal framework surrounding cryptocurrency in the UK.This title: - Introduces cryptocurrency and its background, explaining the technology behind it, the different types of cryptocurrency, and how it is used in the UK - Focuses on regulatory issues related to cryptocurrency, including the laws and regulations that govern its use and the challenges that arise due to its decentralised nature- Discusses the taxation of cryptocurrency in the UK, including the rules for capital gains tax and income tax, as well as addressing the challenges that arise due to the difficulty of tracking transactions and users- Covers the use of cryptocurrency in money laundering and terrorist financing - Analyses the legal challenges that arise when dealing with disputes related to cryptocurrency, such as theft or fraudAn essential resource for legal practitioners, policymakers, and academics interested in understanding the legal framework surrounding cryptocurrency in the UK, it answers questions such as:- What is the legal status of cryptocurrency in the UK? - How are cryptocurrencies taxed in the UK? - What are the legal and regulatory risks associated with cryptocurrency? - How can businesses and individuals comply with UK regulatory requirements related to cryptocurrency?- What is the future of cryptocurrency in the UK, and how will legal and regulatory developments impact the industry?This is an essential resource for legal practitioners, policymakers, and academics interested in understanding the legal framework surrounding cryptocurrency in the UK.This title is included in Bloomsbury Professional's Cyber Law online service.