Whilst many cryptoasset investors describe themselves and their peers as having “diamond hands”, it may be of note to these individuals that some of those diamonds will be of interest to the UK taxman.

And like many other forms of tax, for the cryptoasset regime it is not simply the asset itself that is of interest to HMRC, but rather how it is received.

One tax area that may apply to those seeing their chosen cryptocurrency going “to the moon” i...