Danish Tax Agency to Collect User Data from Crypto Exchanges

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 agency, in Danish called the Skattestyrelsen, announced Monday that this is the first time the country’s Tax Council has given it access to crypto traders’ data – information that includes trades, names and addresses, and central person registration (CPR) number. Three unnamed crypto exchanges will now have to hand over the data for the period spanning 2016–2018.

In its application to the Tax Council, the Skattestyrelsen said it sought to “obtain information on unexecuted taxpayers’ and companies’ virtual currency transactions.”

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