Malaysia's 'Ops Token' Targets Crypto Tax Evasion

In a deliberate effort to combat cryptocurrency tax evasion, Malaysia introduces "Ops Token

The project seeks to improve the fairness and transparency of the emerging cryptocurrency industry

In order to locate and tax concealed assets, tax authorities use blockchain analysis technologies

Investors and traders in cryptocurrencies are advised to abide by the new rules and disclosures

Ops Token' is a component of a global movement to control the use of virtual currencies