Swedish Tax Authority Taken to Court by Bitcoin Exchange over ‘Extremely Intrusive’ Data Request
http://cointelegraph.com/news/113785/swedish-tax-authority-taken-to-court-by-bitcoin-exchange-over-data-requestSwedish bitcoin exchange BTCX, has been requested by the local Tax Authority to disclose transaction history of the company's 20,000 customers. The exchange is taking the Swedish Tax Authority to court, arguing that by doing so, all its clients' identities would be disclosed.
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But according to BTCX, the request also means that the exchange will have to disclose the "unique code," or ID number of each customer linked to his or her digital wallet. Along with personal information, this would unveil that all clients' identities and harm their privacy. On a larger scale, this would also enable the authority to track user transactions beyond the BTCX exchange and identify transfers between individuals or companies on the overall bitcoin network.