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UK Tax Authority Intensifies Crypto Scrutiny as DeepSnitch AI Gains Traction

UK Tax Authority Intensifies Crypto Scrutiny as DeepSnitch AI Gains Traction

Author:

Global Cryptocurrency

Published:

2025-10-21 12:30:03

27

2

BTCCSquare news:

The UK's HM Revenue & Customs has escalated its crackdown on crypto tax evasion, issuing 65,000 warning letters to investors in 2024/25—more than double the previous year's tally. This regulatory pressure coincides with shifting market dynamics, including former President Trump's comments on temporary China tariffs.

BlockDAG's price trajectory appears sensitive to these developments, while DeepSnitch AI's presale demonstrates strong accumulation despite the uncertain climate. The tax authority's campaign, which has now distributed over 100,000 nudge letters since 2020, signals growing institutional focus on cryptocurrency compliance.

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