The UK has joined the growing number of countries to finally state their interpretations of Tax regulations.
This should provide some clarity for those investing.
They still don't consider crypto to be 'money' which maybe good or bad, but they want their piece of the tax pie.
It’s good to see that HMRC are now starting to act seriously with regards to cryptocurrency. By recognising this as something they can tax, in turn they are suggesting that they do believe this is a form of legitimate money, even if they won’t admit it.
https://cryptodaily.co.uk/2018/12/uk-tax-office-releases-policy-for-bitcoin-holdings