The UK tax authority recently made a major move by releasing new DeFi tax guidelines, which has caused quite a stir in the community.

Aave founder Stani Kulechov commented directly, saying this could be a key turning point for the crypto lending sector. The core logic of the new regulations is pretty clear: when you deposit stablecoins like USDC or USDT into DeFi protocols, it's not considered a disposal of assets, so it doesn't trigger capital gains tax. The tax authorities will only come after you when you actually sell or swap your tokens for other coins.

In simple terms, "no gain, no loss, no tax." This significantly reduces the tax burden for users who want to do liquidity mining or lending in DeFi. After all, many people were previously worried they’d have to report taxes every time they deposited or withdrew funds, and now there’s finally clear guidance.