Chainalysis said Italian authorities traced a tax evasion case involving Bitcoin Ordinals and BRC-20 tokens, showing how new crypto assets are becoming part of tax probes.
Summary
- Italian investigators traced over €1 million in alleged undeclared gains tied to Bitcoin Ordinals activity.
- Chainalysis said BRC-20 tokens helped hide income, but public blockchain records exposed transaction flows.
- Crypto tax enforcement is widening as lawmakers debate small payments, staking, and reporting rules.
Italy’s Guardia di Finanza uncovered a case in which a suspect allegedly used Bitcoin Ordinals and BRC-20 tokens to build and conceal more than €1 million, or about $1.1…
