UK Startup Offers Tax-Efficient Crypto Investment Route via IFISA After Rule Change
A UK startup, Stratiphy, has introduced a tax-efficient method for retail investors to access crypto assets by offering crypto-linked exchange-traded notes (ETNs) within an Innovative Finance ISA (IFISA). This follows a rule change by HMRC that restricted such products from mainstream ISAs, creating a more complex path for tax-efficient crypto investing. The move aims to provide a workaround for investors seeking to shield potential gains from capital gains tax.
Topics: crypto isa etns regulatory change stratiphy tax-efficient investing