3Amount of the proposed donation is the fair market value of the appreciated securities held more than one year that you are considering to donate. For a long time, crypto trading, mining and other related activity was a grey area for HMRC. There was no specific regulation related to cryptocurrencies. But as prominence in these profits grew, HMRC had to catch up. They published their first cryptoasset manual in March 2021, which gave specific guidance for the taxes owed on different crypto trad