From www.crn.com.au: The ATO has issued a tender for a blockchain analysis tool aimed at enhancing its capabilities in detecting cryptocurrency-related tax evasion and financial crimes.

The tool must navigate complexities of crypto transactions, support searches across major blockchains, and identify high-risk entities while providing geolocation data specific to Australian activities.

The contract is set to commence on July 1, 2025, for an initial period of 12 months, with options for extension.