Cavendish Bank Reminds Government: “Crypto Should Be Taxed Like Gold and Stocks!”

Jakarta, Pintu News – Lisa Gordon, Chairman of Cavendish Investment Bank, recently expressed her concern over the growing interest in cryptocurrencies among the British public, especially the younger generation.

According to him, this trend could threaten economic growth due to the lack of investment in the more traditional stock market.

Check out the full news below!

Changes in Investment Preferences

More than half of the UK’s population under the age of 45 now owns cryptocurrencies such as Bitcoin or Ethereum but is not involved in the stock market.

This indicates a significant shift in investment preferences among the younger generation. Lisa Gordon emphasizes that this could negatively impact not only individual wealth but also the economy as a whole.

Cryptocurrencies are often perceived as speculative assets that generate no real added value to the economy. In contrast, stocks provide the capital necessary for company growth and expansion, which in turn creates jobs and innovation.

Gordon suggested that the government consider adjusting tax policy to reduce the burden on stock investors and apply a similar tax on cryptocurrency transactions.

Also read: Bitcoin Bull Run 2025: Crypto Analyst Warns Big Correction Could Happen, Here’s the Support Level!

The Importance of the Stock Market to the Economy

Reporting from Coinpedia, Lisa Gordon emphasized that the stock market plays a vital role in supporting companies to grow. Through investments in stocks, fresh funds are channeled to companies that need capital for expansion and innovation.

This contrasts with investments in cryptocurrencies, which tend not to contribute directly to real economic growth. By reducing the current 0.5% stamp duty on London-listed shares, Gordon hopes there will be increased interest in investing in more productive assets.

Read also: Bitcoin (BTC) Starting to Rise? Crypto Analyst Predicts Price Could Rise to $90,000!

Facing the Challenges of the Global Market

The stock market in the UK is showing a decline in investment interest, with many investors turning to cryptocurrencies. A report from EY shows that only 18 companies were listed on the London Stock Exchange last year, while 88 companies chose to delist or move to other exchanges.

This trend raises concerns about the future of the London Stock Exchange and its ability to attract new companies. Gordon, a member of the Capital Markets Industry Taskforce, has also called for improved public understanding of capital markets.

He believes that with a better understanding, more funds will flow back into the UK stock market, which is crucial to maintaining London’s position as a global financial centre.

Conclusion

With the challenges facing the stock market and the rising popularity of cryptocurrencies, swift and strategic action from the government is urgently needed. Lisa Gordon’s tax reforms could be the first step to restoring investor confidence and ensuring sustainable economic growth in the UK.

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Reference

• Coinpedia. Cavendish Bank Chair Calls for Taxes on Cryptocurrencies. Accessed on March 25, 2025
• Featured Image: Crypto Trader Tax