Could the Ethereum ‘Merge’ leave you facing a tax bill? 

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City AM

By Darren Parkin by Tony Dhanjal, Head of Tax at Koinly The impending Ethereum merge is the prevalent story in the crypto world as we all await with bated breath the outcome – exciting times ahead no doubt for the crypto eco- system, but there’s a little matter of “taxation” that should not be ignored. Here’s a summary of what you need to know as a UK Ethereum holder for the merge. Current ETH (Ethereum) holders are already staking (and locking) their ETH in exchange for ETH 2.0 on the beacon chain – the purpose of this is to facilitate the merge of the Ethereum mainnet – the current proof-of-…

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