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Aware: 2020-07-25 18:24
Bitcoin ATM. Photo by Vladimir Ivanovo (VŽ)
The State Tax Inspectorate (ITS) is looking for someone who can convert the confiscated cryptocurrency into euros. It is planned to spend up to 100,000 euros (VAT included) for this.
Irina Gavrilova, director of the Department of Arrears Administration of STI, affirms that the cryptocurrency confiscated by the court will be converted into euros. Approximately 336.85 bitcoins, 360.38 ether, and 11,993 units of monero were transferred to the state. BNS estimates that if the cryptocurrency were converted at this time, approximately 3.6 million would be transferred to the state budget. EUR.
“The tender for the purchase of a cryptocurrency conversion service into euros. The service provider will sell the cryptocurrency on virtual property exchanges or exchanges and transfer the total amount received in euros to the STI account,” said I. Gavrilova.
He explained that said service could be provided by a company specialized in digital asset management.
The tender was announced Thursday, according to the central procurement portal. Potential entrants must submit applications by August 3, and the contract with the winner will be for a maximum of one year.
Reproduction of information from the BNS news agency in the media and on websites without the written consent of UAB “BNS” is prohibited.
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