uk iconUK

Tax agency offering contract for tech to combat crypto tax evasion

Britain’s tax agency is inviting contractors to provide a tech tool to help Britain’s tax agency combat crypto cybercriminals. 

Tax agency offering contract for tech to combat crypto tax evasion
smsfadviser logo

The technology, which Her Majesty’s Revenue & Customs (HMRC) posted on Jan. 17 in an open contract call worth 100,000 pounds sterling, should gather intelligence through cluster analysis. The HMRC’s Cybercrime team hopes this will help them correlate crypto-asset transactions with service providers. 

Read more at KYC360

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox