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The UK should make taxes crypto increase investment supplies, economy, says banker says

The United Kingdom should start the tax on the CRIPTO purchase in the offer to take care of local supplies, which could reinforce the economy in the country, says Cavendish investment banks, Lisa Gordon.

“It should scare us over half of the 45th of her own crypto and no capital,” Gordon said during the 23rd March report. “I would love to see that the duty stamp was cut into capital and applied to crypt.”

Currently in UK breasts 0.5% of the action tax listed on the London Stock Exchange, the largest countries Securities marketwhich brings about 3 billion of British pounds ($ 3.9 billion) per year in tax revenue.

Gordon added that the cut could be backed by people to put savings in the actions of local companies, which could exit other companies to go public in the UK and help the economy.

In comparison, she called a cropto “unproductive means” that “does not feed in the economy.”

“Descendants provide capital growth companies that employ people, innovate and pay tax on profits. It is a social contract. It should not be afraid of advocacy for that.”

Financial behavior in the country said in November This crypto property has increased to 12% of adults, equivalent to about 7 million people. Most crypt owners, 36%, had under 55.

Gordon said that many “transferred to savings, not investments,” which claimed “will not finance sustainable retirement.”

A 2022 FCA research They found 70% of adults had a savings account, while 38% were directly held actions Or he held them through an order, which allowed almost 20,000 British pounds ($ 26,000) savings without tax annual – about three in four 18-24 years have no investment.

The UK should make taxes crypto increase investment supplies, economy, says banker says

A quarter of 18-25 years and a third of 25-44 years held investment in 2022. Source: FCA

But in monitoring the survey, the regulator reported that in 12. January 2024. years of living crises stopped or to stop savings or investments, while nearly a quarter used savings to cover daily costs.

Gordon is a member of Masferferce Maferce on the capital market, a group of industry managers who are aimed to revive the local market, which Cavendish benefit from because companies advice on how to move on the creation of possible public bids.

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Consulting gigantic ej export In January that the London Stock Exchange had one of its “last year at the record” with only 18 companies that included last year, down 23 in 2023. years.

At the same time, Eko said that the 88 companies tried or transferred from exchange, and many said due to “liquidity decreasing and lower estimates compared to other markets” such as now “as they are now”.

However, Gordon claimed that the United Kingdom “must be a safe haven” compared to markets such as now, who lost the trillions of dollars on their exchanges due to Donald Trump President Tariffe and the fears of the recession.

Cripto markets also fell by US capital, with bitcoin (Btc) Trading 11% in the last 30 days and Struggle to maintain support above $ 85,000 from the beginning of March.

In the last 24 hours, at least, Bitcoin was 2%, about $ 85,640.

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