Beware the CGT loan trap
With the growth of bitcoin collateralised loans, it’s crucial to know whether providing bitcoin as collateral could trigger a Capital Gains Tax (CGT) event. I nearly made this mistake myself. In this article, I explain what triggers CGT events and what you should check before using any service or product involving bitcoin collateral. Information and advice is general in nature and you should seek your own qualified professional advice in the jurisdiction relevant to you (blah blah blah)
