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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 BTC enthusiast, who fervently defend the cryptocurrency’s pseudo-anonymous nature.
Cited in the statement, personal tax director Karin Bergen said: “With the permission of the
Read full article » https://thenextweb.com/hardfork/2019/01/14/danish-regulators-go-after-bitcoin-traders-unpaid-tax/
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