What is Stellar
Stellar is a network launched in 2014 by Jed McCaleb (a Ripple co-founder), designed for cheap, fast cross-border payments with a stated focus on financial inclusion in emerging markets.
It's backed by the non-profit Stellar Development Foundation and has previously formed partnerships with institutions like MoneyGram for real-world remittance applications.
Frequently asked questions
Is Stellar regulated in the UK?
The UK has its own evolving regime for cryptoasset regulation, separate from the EU's MiCA framework. Crypto exchanges and custodians must register with the FCA for anti-money laundering purposes, but this doesn't equate to the investor protections that regulated financial instruments like ETFs and shares carry.
What's the difference between buying Stellar on an exchange versus via an ETP?
On an exchange you hold the keys directly (or the exchange custodies them for you); an ETP (Exchange Traded Product) is instead a listed financial instrument that tracks the price, purchasable through the same broker account you'd use for ETFs and shares.
How is Stellar taxed in the UK?
Gains from cryptocurrencies in the UK are generally subject to Capital Gains Tax, with specific rules that differ from those for ETFs and shares held in an ISA — this is an evolving area, so check the latest HMRC guidance or speak to a tax adviser for your situation.
