Can you put Bitcoin in an ISA?

[d000hg]

I like to put the odd smaller chunk in very high risk things now and then, I've done one or two on Seedrs and so on. On the basis that one might just blow up.

Bitcoin is the one everyone who doesn't have missed the boat on, massively. Almost certainly far too late now but then I remember thinking that at various points over the years and if I'd put even £100 in at any of those times, I could've bought a holiday or a car or a house depending which time it was.

Healthy diversification is a good thing, including diversification of risk, so I reckon a punt here and there is sensible. But I wondered if you can put any these things in an ifISA?

[_V_]

FCA bans the sale of crypto-derivatives to retail consumers | FCA

[_V_]

https://twitter.com/breakingmkts/sta...90794763894785

TREASURY NOMINEE YELLEN SAYS CRYPTO CURRENCIES ARE OF A PARTICULAR CONCERN FOR TERRORIST FINANCING, MONEY LAUNDERING


What does that mean? UK, USA, EU will treat hodlers as terrorist funding criminals at some point soon...

[ChimpMaster]

https://twitter.com/breakingmkts/sta...90794763894785

TREASURY NOMINEE YELLEN SAYS CRYPTO CURRENCIES ARE OF A PARTICULAR CONCERN FOR TERRORIST FINANCING, MONEY LAUNDERING


What does that mean? UK, USA, EU will treat hodlers as terrorist funding criminals at some point soon...

Best news of the year so far.

[NotAllThere]

I just sold all my cryptocurrency. It's just currency speculation on the equivalent of Zimbabwean dollars or Nicaraguan Cordoba. I made £100 on the deal.

[AtW]

FCA bans the sale of crypto-derivatives to retail consumers | FCA

Our Prawny is back!

[AtW]

https://twitter.com/breakingmkts/sta...90794763894785

TREASURY NOMINEE YELLEN SAYS CRYPTO CURRENCIES ARE OF A PARTICULAR CONCERN FOR TERRORIST FINANCING, MONEY LAUNDERING


What does that mean? UK, USA, EU will treat hodlers as terrorist funding criminals at some point soon...

About 5 years too late, but better late than never

[Lance]

The premise of using an ISA is a bit irrelevant.
For a start it’s so volatile that tax isn’t going to have much factor on your profit (or loss).
And seeing as it’s an unregulated money laundering platform why the chuff would you declare it for tax anyway?

[d000hg]

The premise of using an ISA is a bit irrelevant.
For a start it’s so volatile that tax isn’t going to have much factor on your profit (or loss).
And seeing as it’s an unregulated money laundering platform why the chuff would you declare it for tax anyway?

I don't get the first part. If you'd put a grand in BC a decade back wouldn't that be a gigantic tax bill?

mi fone did this on tappy tawk

[AtW]

I don't get the first part. If you'd put a grand in BC a decade back wouldn't that be a gigantic tax bill?

It will only be a gigantic tax bill if you score much more gigantic profit