Tax evasion with crypto money? “Treasury escapes 375 million euros”

LINZ. Bitcoin is rushing from record to record: At the beginning of the week, the world’s most frequently traded crypto currency jumped the 60,000 dollar mark, and its value was more than tenfold compared to the previous year. There is also a flip side of the coin in the crypto money business, says Florian Wimmer from the Linz start-up Blockpit. And it has it all: In 2020, Austria lost 375 million euros in tax revenue because profits from crypto currencies were not or hardly at all

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