Denmark Joins in Crypto Regulation to Keep Tabs on the Currency

After discovering that about two-thirds of the local transactions in Denmark are crypto-related, the country is cracking down on crypto. Revamping the Old Law According to the Danish tax ministry, the country's present tax system, which is nearly a century old, isn't built to deal with the issues brought by crypto assets. It noted a greater danger of fraud as well as a high rate of filing errors. Denmark will first define the specific issues that cryptocurrencies represent to tax…