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UK Offers $130,000 For Software That Can Trace Bitcoin, Ripple And Litecoin
Summary: The UK has now opened up a contract worth $130,000 or £100,000 to acquire a software with the capability to identify when cryptocurrency is used to avoid paying taxes. Her Majesty's Revenue and Customs (HMRC), the department of the UK Government responsible for the collection of taxes, is particularly looking for the ability to cluster cryptocurrency transactions, ...
The UK has now opened up a contract worth $130,000 or £100,000 to acquire a software with the capability to identify when cryptocurrency is used to avoid paying taxes.
Her Majesty's Revenue and Customs (HMRC), the department of the UK Government responsible for the collection of taxes, is particularly looking for the ability to cluster cryptocurrency transactions, identifying those linked to service providers such as mixing, gambling, and dark market services.
The contract requires the tools to be able to track and trace Bitcoin, Bitcoin Cash, Ripple, Tether, Litecoin, Ethereum and Ethereum Classic.
By Ramsey Baker
Tags: Cryptocurrency,HMRC,Taxes,UK
Link: UK Offers $130,000 For Software That Can Trace Bitcoin, Ripple And Litecoin [Copy]
