UK’s HMRC tax authority seeks tools to track down cryptocurrency criminals


The UK’s Her Majesty’s Revenue and Customs (HMRC) tax collection agency is asking for a blockchain analytics tool useful in the hunt for cybercriminals — and perhaps asset tax avoiders.

In a project request posted last week, HMRC asked bidders to provide a tool that “will support intelligence-gathering methods to identify and cluster cryptoasset transactions into linked transactions and identify those linked to cryptoasset service providers,” — in other words, a forensics tool able to link together blockchain-based transactions with exchanges or other third-party services.

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Source: ZDNet