Danish regulators go after Bitcoin trader’s unpaid tax

Danish regulators go after Bitcoin trader’s unpaid tax


Cryptocurrency traders in Denmark will be facing increased scrutiny. It comes after the country’s tax agency was granted permission to begin collecting data relating to cryptocurrency trades made through three exchanges between 2016 and 2018. A statement published on the agency’s website says this is the first time the Tax Authority has been granted access to this information. As a result, exchanges will need to provide information including traders’ names, addresses, total trade amount made in fiat and virtual currency, fees paid, and personal tax numbers. However, the information sharing may not be welcomed by bitcoin enthusiast, who fervently defend the…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Danish regulators go after Bitcoin trader’s unpaid tax
Source: The Next Web

0Shares