Denmark Investigates Tax Burden of 2,700 Bitcoin Traders

Cryptovest

Published Dec 13, 2018 01:12PM ET

Updated Dec 13, 2018 02:21PM ET

Denmark Investigates Tax Burden of 2,700 Bitcoin Traders

The Danish Tax Agency is now looking into the activity of 2,700 Danes that have traded BTC on a Finnish exchange, according to a press release by Skatte Styrelsen. The Nordic countries have a long history of cooperation and exchange of financial information about their citizens.

At this moment, the only information available is that these individuals have made purchases totaling 49.7 million kronor ($7.55M) and sold about 53 million kronor in BTC ($8.05M).

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