News Explorer — British Tax Agency HMRC 'Exploring Options' to Value Seized NFTs

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Nov 28, 11:10 am

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British Tax Agency HMRC 'Exploring Options' to Value Seized NFTs

Three NFTs were seized by British tax agency HMRC in a tax fraud investigation two years ago, and HMRC is still "exploring options" for how to value them. The agency is in the early stages of developing methods to appraise the worth of NFTs, a spokesperson said.

Three NFTs were seized by British tax agency HMRC in a tax fraud investigation two years ago, and HMRC is still "exploring options" for how to value them. The agency is in the early stages of developing methods to appraise the worth of NFTs, a spokesperson said.

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