Danish Tax Agency to collect user data from crypto exchanges

posted 7 months ago
The Danish Tax Agency has got the green light to collect trader information from local cryptocurrency exchanges to see if they are paying their dues. The crypto traders’ data is information that includes trades, names, addresses, and the central person registration (CPR) number.

Three unnamed crypto exchanges will now have to hand over the data for the period spanning 2016–2018. The agency emphasized that crypto traders must pay tax on any profits, while losses can be claimed for a tax deduction.
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