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Australian Tax Authority (ATO) Sees Your Cryptocurrency Transactions
Crypto usage has been increasingly on the radar of tax authorities worldwide in recent years. The growing popularity of cryptocurrencies has increased their use for transactions and investments. Therefore, tax authorities want to ensure that individuals and businesses correctly report and pay taxes on any gains or income earned. дальше »
2023-3-13 07:54 | |
Bitcoin miner Iris Energy expanded capacity by 30% in Dec 2022
Australian bitcoin miner Iris Energy expanded its operating capacity by about 30% in December last year, according to a report released by the company. дальше »
2023-1-13 19:55 | |
FTX’s inner circle allegedly had a chat group called ‘Wirefraud’
FTX and Alameda Research top executives purportedly exchanged secret information in a Signal encrypted chat group called “Wirefraud.” According to a Dec. 12 report by the Australian Financial Review, FTX co-founder and CEO Sam Bankman-Fried, co-founder Zixiao “Gary” Wang, FTX… дальше »
2022-12-14 21:36 | |
Australian Federal Police Forms Cryptocurrency Unit to Tackle Money Laundering, Offshoring: Report
The Australian Federal Police has formed a unit to tackle the use of cryptocurrency as a means of money laundering and offshoring, the Australian Financial Review reported Monday. дальше »
2022-9-6 18:45 | |
Australian Regulators Raise Concern Over Investment In Unregulated Crypto Assets
The number of cryptocurrency investors is drastically increasing. It could have been positive action, but considering the look of the digital market, it is rather alarming. The report from Australia’s financial services regulator cited that the increase became notable in the heat of the global pandemic. дальше »
2022-8-15 16:10 | |
Private but regulated tokens could beat CBDCs, Australian central bank chief says
Cryptocurrencies issued by private companies could be better than central bank digital currencies (CBDCs) if the firms are regulated appropriately, Phillip Lowe, governor of the Australian central bank, said on July 17, according to a Reuters report. дальше »
2022-7-19 06:00 | |
Australian Central Bank Chief Believes Regulated Private Tokens Could Be Better Than CBDCs: Report
Digital currencies focused on consumers and regulated could be better when privately issued rather than by central banks, according to Australian central bank governor. дальше »
2022-7-18 13:46 | |
Report: 26.4% of Australian crypto owners hold Cardano, while Dogecoin remains U.S. bet
Finder recently published a survey that dived into current market trends across 22 countries, uncovering which cryptocurrencies, besides Bitcoin (BTC), are driving the adoption across the globe. While publishing a definitive ranking of the most popular cryptos per country, the independent comparison platform also addressed the investor demographics, revealing that only in Mexico is crypto […] The post Report: 26. дальше »
2021-10-24 02:00 | |
Australian Lawmakers Encouraging Competitive Crypto Regulations for Businesses
In a report made on Oct 20, Australian lawmakers said the country needs a new crypto regulatory regime to remain competitive. The post Australian Lawmakers Encouraging Competitive Crypto Regulations for Businesses appeared first on BeInCrypto. дальше »
2021-10-21 08:54 | |
Australian authorities target crypto telegram groups to weed out ‘pump and dump’ schemes
Telegram groups that are used to pump and dump all financial products, including any crypto assets, would henceforth face the wrath of the Australian Securities and Investments Commission (ASIC), according to a report from an Australian media outlet. дальше »
2021-10-16 01:00 | |
Crypto Is Set To Dominate Australian Financial Industry In Less Than 10 Years
Crypto experts have said that Australia’s finance industry is set to be dominated by cryptocurrency by 2029. Finder’s annual cryptocurrency report shows that crypto is set to replace the traditional finance industry in Australia. дальше »
2021-9-6 20:00 | |
Australian Online Broker SelfWealth to Launch Bitcoin (BTC), Ether (ETH), Other Crypto Trading Services
Australian publicly traded company SelfWealth will be an “Australian first” as it gears to offer the ability to buy and sell crypto to its customers. SelfWealth to Add Crypto to Its Platform Australia Stock Exchange-listed (ASX) share-trading platform SelfWealth is set to add crypto support to its platform, a report by the Australian Financial ReviewRead More дальше »
2021-7-12 10:00 | |
Australian Senate Committee: Blockchain Could Curb Imports of Forced Labor Goods
Blockchain technology was recommended to curb the import of forced-labor goods in a report from the Australian Senate Foreign Affairs, Defence, and Trade Committee. The post Australian Senate Committee: Blockchain Could Curb Imports of Forced Labor Goods appeared first on BeInCrypto. дальше »
2021-6-18 15:11 | |
New Australian Report Shows That Fraudsters Pick Bank Transfer Over Cryptocurrencies
A growing number of Australians have fallen victim of investment scams and fraudulent schemes. However, according to new report, scammers prefer bank transfers to cryptocurrencies. Australians Lose $670 Million to Scammers In 2020 The Australian Competition and Consumer Commission (ACCC) said in its annual Targeting Scams report published Monday that residents of Australia lost $851 […] дальше »
2021-6-8 11:00 | |
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. дальше »
2021-6-8 09:00 | |
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate. дальше »
2021-6-8 00:30 | |
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office […] дальше »
2021-5-29 14:36 | |
Australian tax office: Report crypto profits or else
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation.
дальше »2021-5-28 16:06 | |
Australia: Bitcoin Overtakes Gold in terms of Popularity, Survey Finds
A report by an Australian crypto exchange posits that bitcoin (BTC) has eclipsed gold in terms of popularity in Australia. Bitcoin More Popular than Gold Per a report by Melbourne-based digital currency exchange BTC Markets, bitcoin is more popular than gold Down Under. дальше »
2021-2-25 16:00 | |
IBM and top Australian banks team up to offer a blockchain bank guarantee
Lygon, a joint venture between IBM, ANZ, Westpac and Commonwealth banks, and Scentre Group, a shopping centre operator, has completed the first-ever digital bank guarantee. A report unveiled this news on February 10, noting that the organizations executed this deal on Lygon’s blockchain platform. дальше »
2021-2-12 17:40 | |
Australian Banks Partner with IBM on Trade Guarantee Project
A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac, and a group of 20Read MoreRead More. дальше »
2020-9-7 17:07 | |
Australian Senate Sees Blockchain Technology As The Future Of FinTech And RegTech
Australian Senate releases a report on the impact of blockchain technology on the country’s economy, technology status, and regulation technology. Released earlier this month, the 281-page interim report, “Select Committee on Financial Technology (FinTech) and Regulatory Technology (RegTech)”, focused on innovative technologies, laying out the benefits of implementing blockchain technology across the economy. дальше »
2020-9-7 16:40 | |
Fintech firms will adopt blockchain this decade | Australia
An Australian Government report claims blockchain technology will be key to all Fintech &... The post Fintech firms will adopt blockchain this decade | Australia appeared first on Coin Journal. дальше »
2020-9-4 14:08 | |
All fintech companies will use blockchain within 10 years: Aussie government report
Australian government report on the future of fintech and regtech suggests blockchain technology is critical to Australia’s future дальше »
2020-9-4 06:39 | |
Australian payments firm sues Ripple over PayID branding
New Payments Platform Australia (NPPA), a group comprising all the significant banks in Australia is suing Ripple. A Report unveiled this news on August 26, noting that the consortium sued Ripple after it went against Australia’s Trade Marks Act (1995) and the Australian Consumer Law by using the organization’s brand and trademark dubbed PayID without authorization. дальше »
2020-8-27 17:10 | |
Australian Conman Arrested for Alleged $1.73M Bitcoin Swindle
Serial Australian conman Peter Foster, who is alleged to have netted $1. 73 million worth of stolen bitcoin by impersonating someone else, has been arrested in Queensland, Australia. According to a report by The Sydney Morning Herald, on August 20, Mr. дальше »
2020-8-26 17:13 | |
Australian Intellectual Property Agency and Rugby League Test Blockchain in Fight Against Counterfeiting
Australia’s intellectual property rights agency IP Australia partnered with the country’s top rugby team to test blockchain technology to tackle merchandise counterfeiting. Blockchain Technology to Curb Piracy and Counterfeiting According to a report by ZDNet on Monday (August 10, 2020), The National Rugby League (NRL) and IP Australia will test a blockchain-based application that willRead MoreRead More. дальше »
2020-8-11 23:00 | |
Australian Mining Giant Trials Blockchain, Completes $14 Million Iron Ore Transaction to China
According to a Reuters report on June 29, 2020, BHP Group completed a trial transaction worth $14 million with China Baoshan Iron & Steel Co Ltd (Baosteel). Iron ore was tracked and delivered through a blockchain platform offered by MineHub Technologies in June 2020. дальше »
2020-6-30 19:00 | |
Report: Power Ledger (POW) P2P Energy Trading Solution Has Real Use Case
Power Ledger (POWR), an Australian blockchain-powered energy trading firm founded in 2016, has conducted a solar energy trading trial in collaboration with the Australian government and found out that distributed ledger technology (DLT) based P2P energy trading helps consumers slash costs, according to reports on June 22, 2020. дальше »
2020-6-22 15:07 | |
Quench Your Thirst in Australia, New Zealand by Paying with Bitcoin at Coca-Cola Vending Machines
dentCoca-Cola consumers in Australia and New Zealand can now acquire their soft drinks with cryptocurrency through specific vending machines. A report by The Australian Financial Review recently highlighted that a deal between Asia-Pacific Coca-Cola distributor, Amatil, and Centrapay would see over 1200 point-of-sales accept Bitcoin and ERC-20 tokens. дальше »
2020-6-11 20:39 | |
Power Ledger Expands Digital Energy Trading Business to Thailand
Australian energy trading software firm and blockchain project Power Ledger has inked a deal with the Thai Digital Energy Development (TDED) to launch a digital energy trading business in Thailand. This, according to a report by iTWire, May 25, 2020. дальше »
2020-5-26 13:00 | |
Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto
The woman is believed to be involved in a crypto money-laundering syndicate, according to a report. дальше »
2020-5-15 13:00 | |
Less than 1% of Australians use crypto for payments says RBA
A new report published by the Australian central bank provides insight into consumer payment behavior. The survey has found that Australians increasingly prefer digital payment methods. Cryptocurrencies, however, make up less than one percent of payments in Australia. дальше »
2020-3-26 14:02 | |
Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits
Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts. дальше »
2020-3-13 03:30 | |
Australia: Minister says bad Actors Still Using Cryptocurrency to fuel Terrorism
Australian Home Affairs Minister Peter Dutton has offered a stark warning claiming that terrorists are using crypto-currencies to fund their deadly missions, according to a report by SBS on November 7, 2019. дальше »
2019-11-7 13:26 | |
Is Crypto Adoption Setting In? Latest Finder Report Shows American Ownership Has Doubled
Crypto ownership within the U. S population increased by close to 100% in the past year. This is according to a recent survey by Australian Financial Services provider, Finder. Today, over 36 million Americans own a form of digital asset based on the survey’s findings. дальше »
2019-10-26 19:47 | |
Australian Police Seize Illegal Gun Runner’s Bitcoin to Cash 2000% Profit
Australian authorities have become unwitting benefactors of Bitcoin’s impressive bull run in recent years. The Australia Federal Police’s latest Annual Report highlights a bust which netted them a cool 2000% profit. дальше »
2019-10-23 15:30 | |
Bitcoin Cash takes over Bitcoin, Litecoin, Ethereum in Australian retail space
Roger Ver’s Bitcoin Cash seems to be stepping up in the race to accelerate mass adoption after the coin recently surpassed Bitcoin in retail spending in Australia. This was found after Bitcoin BCH, an online platform, released a report which tracked the total cryptocurrency usage in Australia for the month of September. дальше »
2019-10-14 15:30 | |