# Consider treating stablecoins as money for tax purposes, says ICAEW

An episode of [ICAEW podcasts](https://invisiblenetwork.ai/podcast/1074716082), 2 Jun 2026, 2:46.

Audio: https://www.podtrac.com/pts/redirect.mp3/feeds.soundcloud.com/stream/2331994319-icaew-consider-treating-stablecoins.mp3

ICAEW has expressed broad support for taxing returns on stablecoins as interest, and not as capital gains, in its response to the government’s call for evidence on the possible introduction of a new stablecoin tax regime. v

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