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Bitcoin holders hopeful for BTC price rebound as Grayscale's GBTC withdrawals slow down

Bitcoin price recovered from its drop to $38,555. The asset made a swift recovery this week, shy of the $43,000 level on Wednesday.

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You must tell us about your Bitcoin, HMRC instructs taxpayers


You must tell us about your Bitcoin, HMRC instructs taxpayers
Taxman adds cryptos to its 'statement of assets' declaration forms
HMRC's 'statement of assets' form now includes a section specifically for cryptoassets
Taxpayers under investigation by HMRC are being told explicitly to list any holdings they have in Bitcoin and other cryptocurrencies.
Although it has always been a requirement to declare all assets, a specific question about crypto holdings has been added to HMRC's "statement of assets" form for the first time. Taxpayers are also asked specifically about other less common ways to hold money such as "community and informal banking accounts" and foreign exchange accounts.

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