Cryptocurrency Q&A
Can HMRC see my Binance account?
Can HMRC see my Binance account?
RiderWhisper
Fri Mar 29 2024
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6
answers
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I'm a bit worried about the privacy of my crypto transactions. I use Binance to buy and sell cryptocurrencies, and I was wondering if HMRC, the UK's tax authority, can see my account details or transactions? I understand that they may have the power to investigate tax evasion, but does that mean they can access my personal crypto transactions without my consent? Or is there some sort of privacy protection in place? I'd appreciate it if you could shed some light on this matter for me.
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