Aave founder says UK plans to exempt stablecoin disposals from capital gains tax

Aave founder Stani Kulechov said the UK is moving to treat stablecoins like money rather than subjecting their disposal to capital gains tax. In a post on X, Kulechov said HMRC guidance indicates stablecoin disposals would be excluded from capital gains tax, while interest-like income generated from stablecoins would be taxed as savings income starting in April 2027. Kulechov added the plan remains at the draft stage, but it would remove one headache.