UK Tax Agency to Pay $100K for Blockchain Surveillance Software

On January 17, the UK tax company Her Majesty’s Income and Customs (HMRC) printed a job alternative for a personal contractor to design a cryptocurrency blockchain evaluation instrument. In accordance to the itemizing, the contract is for one 12 months and HMRC can pay the contractor $100,000 for software program that may “determine and cluster crypto asset transactions.”

Additionally learn: Britain’s Tax Authority Updates Crypto Tips

HMRC Desires a Blockchain Evaluation Software and Is Prepared to Pay $100,000

Governments worldwide have been cracking down on cryptocurrency holders so as to be sure they’re paying taxes. Within the U.S., the nation’s tax company the IRS has initiated a broad stroke of tax enforcement in opposition to individuals who could personal or at one time possessed cryptos. In the UK, HMRC has been following the same path because the tax entity issued steerage for particular person cryptocurrency holders in 2018 after which printed extra pointers…

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