Britain’s Tax Agency Locates a Way to Combat Crypto Tax Evasion

To prevent crypto cybercriminals Britain’s tax agency encouraging contractors to provide a tech tool. The technology should gather intelligence through cluster analysis. The HMRC’s Cybercrime team hopes the initiative taken will help them correlate crypto-asset transactions with service providers and reportedly believes a commercial product would help the agency identify the blind spots that currently allow criminal activity to fester. 

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