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Ethereum Staking via Exchanges (HMRC Tax)

Etherum Reddit

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Does anyone know how ethereum staking is treated from a tax viewpoint when done via an exchange.

As I understand it, the likes of Coinbase will give you another token (cbETH) for staked coins.

Iโ€™m wondering if because of this, these tokens are then classed as a disposal from a HMRC viewpoint given that one class of token exchanges for another, potentially therefore triggering a gain/loss event.

submitted by /u/leonardo-de-cryptio
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