The European Parliament has voted in favour of simplifying tax rules for people involved in occasional or small cryptocurrency transactions.
The non-binding resolution, passed with the backing of 566 out of 705 members, said blockchain technology could be used to automate tax collection.
It also called for use of the technology to fight tax evasion in general.
“Blockchain’s unique features could offer a new way to automate tax collection, limit corruption and better identify ownership of tangible and intangible assets allowing for better taxing mobile taxpayers,” the resolution said.
“Work must be undertaken to identify the best practices of using technology to improve the analytical capacity of tax administrations.”