Dbuffed Posted October 5, 2020 Share Posted October 5, 2020 Thoughts? https://news.bitcoin.com/crypto-exchange-coinbase-hands-over-customer-data-to-uk-tax-authority/ Quote Link to comment Share on other sites More sharing options...
Kramnik Posted October 5, 2020 Share Posted October 5, 2020 Not to all coinbase users, but the ones in UK haha don't get Swat'ed tho UK boys Quote Link to comment Share on other sites More sharing options...
Dbuffed Posted October 5, 2020 Author Share Posted October 5, 2020 4 minutes ago, Kramnik said: Not to all coinbase users, but the ones in UK haha don't get Swat'ed tho UK boys They are also possibly introducing to others Quote Link to comment Share on other sites More sharing options...
gekkebakker Posted October 5, 2020 Share Posted October 5, 2020 taxx tax tax they only want money for them self TRUMP2020 1 Quote Link to comment Share on other sites More sharing options...
IDontEB Posted October 5, 2020 Share Posted October 5, 2020 That's nothing new. Coinbase reports every person who transacts over $10k USD anyway. Only thing that's new here is that UK requested it for people who were at $5k instead of the $10k they would've reported anyway. Quote Link to comment Share on other sites More sharing options...
Kramnik Posted October 5, 2020 Share Posted October 5, 2020 2 hours ago, Dbuffed said: They are also possibly introducing to others Well, anyway this is only bad if you use BTC to buy stuff with BTC if you want to cash out your BTC from goldfarming it would still appear on your income to tax office one way or another Quote Link to comment Share on other sites More sharing options...
Dbuffed Posted October 5, 2020 Author Share Posted October 5, 2020 7 minutes ago, Kramnik said: Well, anyway this is only bad if you use BTC to buy stuff with BTC if you want to cash out your BTC from goldfarming it would still appear on your income to tax office one way or another Yep correct, quite mad eh Quote Link to comment Share on other sites More sharing options...
Nerotos Posted October 5, 2020 Share Posted October 5, 2020 South America never sounded so good Quote Link to comment Share on other sites More sharing options...
Dbuffed Posted October 5, 2020 Author Share Posted October 5, 2020 2 minutes ago, Nerotos said: South America never sounded so good They are starting to do other countries too Quote Link to comment Share on other sites More sharing options...
Claire Lovely Posted October 13, 2020 Share Posted October 13, 2020 This is why decentralized exchanges and P2P trading will become more important. I've been trying to exchange with other users instead of buying from Coinbase now. Quote Link to comment Share on other sites More sharing options...