NEW: πŸ‡¬πŸ‡§ UK tax authorities to be granted power to seize #BTC held on exchanges - The Telegraph.

Take your #bitcoin off exchanges!

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Link to source?

Currently under a paywall.

"Although it is unclear if this will extend to cryptocurrencies."

C'mon, now.... Better reporting practices, you hiring?

πŸ˜‚

Well, that was misleading headline.... Ty for clearing it up. Shock sells, not the truth. 🀷

When, not if…

Wait... there is Bitcoin on exchanges.

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I didn't understand πŸ€”

I think it is for the sake of claiming unpaid taxes, I assume the government will be able to reclaim the funds from custodial wallets with KYC verification. So if you want to protect yourself, put your crypto in a cold wallet offline.