Accenture, which employs 442,000 staff across 55 countries, said the HMRC probe related to the period from 2009 to 2016.
"Nine years after its launch and about five years since it entered the public consciousness, bitcoin continues to have structural flaws that make it unsuitable for many uses, many of which stem from its inefficient verification process,"
Blockchain technology, and its various applications, has generated significant interest from the Bahamian business community.
All of the efforts we are delivering are part of the broader innovation-led strategy that Dubai is promoting, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai.”
Dr Liam Fox MP said: "The UK is a world leader in the FinTech sector, thanks to our highly-skilled and creative workforce, fair regulatory system and ease of doing business."