Britain’s Tax Agency Cracking Down on Crypto Tax Evasion

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Britain’s Tax Agency Cracking Down on Crypto Tax Evasion

Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users. The problem facing the British government, as well as all governments, is that cryptocurrency transactions  Read more »
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