HMRC (Her Majesty's Revenue and Customs) is exploring the procurement of blockchain forensic software and investigation support services to strengthen its fight against money laundering and tax fraud involving digital assets. A market research announcement released this week indicates that HMRC plans to procure licensing and investigation support services covering blockchain data retrieval, cross-chain transaction tracking, attribution analysis, risk scoring, and data visualization. The proposed contract is worth approximately £3.42 million (about $4.6 million) for three years (April 1, 2027 to March 31, 2029), with an extension until March 2030. The contract includes 55 and 20 software licenses annually, corresponding investigation support hours, and investigator training. Colby Mangels, former OECD consultant and Head of Global Government Solutions at Taxbit, stated that this move reflects the global emphasis on building digital asset compliance infrastructure. Investigations increasingly rely on cross-chain tracking, forensic analysis, and real-time blockchain data access, demonstrating the UK's commitment to setting an example in crypto compliance and regulatory transparency. (The Block)