Market News / Story
UK Tax Authority Seeks Expanded Powers to Probe Crypto Asset Records
Binance News ·
Binance News reports: The UK tax authority is pushing to expand its powers to investigate crypto asset information, including allowing tax officials to obtain customer data directly from crypto asset service providers and updating rules for software and electronic record inspections. According to Odaily, UK crypto tax software company Recap said the proposed rules define service providers too broadly and could cover non-custodial wallet software, blockchain explorers, hardware wallet…