Bitcoin tax loophole could save cryptocurrency investors millions as it leaves HMRC short MILLIONS of pounds could be lost by the Treasury after a tax loophole was revealed and cryptocurrency investors are expected to take full advantage of the gap, experts warn. The massive loophole allows investors, who could have made millions when bitcoin hit its $19,343 (£14,000) high in December, to declare their returns as gambling winnings. Winnings from gambling are generally not considered investment returns and so avoid…