It shouldn’t come as a complete surprise anymore that there are various figures involved in traditional finance that have a vested interest in downplaying Bitcoin and cryptocurrency and general. The trend isn’t new. The CEO of JP Morgan Chase, Jamie Dimon, infamously called Bitcoin a “fraud” in 2017, which raised a large amount of suspicion and criticism from the cryptocurrency…
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Danish Tax Agency Cracking Down On Cryptocurrency Trading Profits
It appears as though the Danish tax agency, Skattestyrelsen (SKAT), is cracking down on thousands of nationals that appear to have hid Bitcoin trades with regards to their tax payments. Agency officials also have indicated that this trend will continue for some time. Cracking Down Specifically, the Swedish tax agency shared that 2,700 traders are involved, that purchased $5.8…
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