[Aave Founder: HMRC Considers DeFi Deposits as 'No Gain No Loss' Events] Odaily Planet Daily News – Aave founder Stani.eth posted on the X platform stating that the UK’s HM Revenue and Customs (HMRC) has released consultation results regarding the taxation of DeFi lending and staking activities. One conclusion is that when users deposit assets into Aave, the deposit itself is not considered an asset disposal for capital gains tax purposes, thereby forming a 'No Gain, No Loss' (NGNL) treatment. This is a significant benefit for UK DeFi users looking to borrow stablecoins using crypto collateral. Aave Labs participated in this consultation.