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HMRC Call for Evidence on Stablecoin Cryptoasset Taxation

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Published March 26th, 2026
Detected March 26th, 2026
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Summary

HM Revenue & Customs has opened a call for evidence to gather views on the taxation of stablecoins, a type of cryptoasset. The consultation seeks input from investors, companies, and advisory firms on how stablecoins should be treated for tax purposes for both individuals and corporations.

What changed

HM Revenue & Customs (HMRC) has launched a call for evidence to gather input on the taxation of stablecoins, which are cryptoassets designed to maintain a stable value. The consultation, open until May 7, 2026, aims to understand how stablecoins are currently used and how they should be treated for tax purposes for both individuals and companies.

This call for evidence is directed at a broad range of stakeholders, including investors, technology and financial service firms, trade associations, academic institutions, and legal, accountancy, and tax advisory firms. Respondents are encouraged to submit their views via email to digitalassets@hmrc.gov.uk. The findings will inform potential future tax policy regarding stablecoins.

What to do next

  1. Submit views on stablecoin taxation to digitalassets@hmrc.gov.uk

Source document (simplified)

Open call for evidence

Cryptoasset taxation — stablecoins

From: HM Revenue & Customs Published 26 March 2026 Get emails about this page

Summary

The government is seeking views on the taxation of stablecoins, a type of cryptoasset that seeks to maintain a stable value by reference to another asset.

This call for evidence closes at
**
9:30am on 7 May 2026
**

Call for evidence description

The Call for Evidence is seeking views on how stablecoins are treated for both individuals and companies. The government would like to hear from investors, professionals and firms that use stablecoins, including technology and financial service firms; trade associations and representative bodies; academic institutions and think tanks; and legal, accountancy and tax advisory firms.

Documents

Taxation of stablecoins

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Ways to respond

Email to:

digitalassets@hmrc.gov.uk

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Updates to this page

Published 26 March 2026

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Named provisions

Cryptoasset taxation — stablecoins

Source

Tax
Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
HMRC
Published
March 26th, 2026
Comment period closes
May 7th, 2026 (42 days)
Instrument
Consultation
Legal weight
Non-binding
Stage
Consultation
Change scope
Substantive

Who this affects

Applies to
Investors Financial advisers Technology companies Retailers
Industry sector
5223 Credit Unions 5231 Securities & Investments 5222 Fintech & Digital Payments
Activity scope
Taxation of Cryptoassets
Geographic scope
United Kingdom GB

Taxonomy

Primary area
Taxation
Operational domain
Compliance
Topics
Cryptocurrencies Financial Services Regulation

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