Australia crypto
Bitcoin

Beware Australian Crypto Traders, ATO Audit Warnings Are Coming

The Australian Taxation Office (ATO) is contacting up to 350,000 individuals to ‘remind’ them of their obligation to report crypto gains. At this stage the campaign is...

Emilio Janus | 3 weeks ago
Is Crypto the Answer to Australian Banks Invading User Privacy?
Bitcoin Regulation

Is Crypto the Answer to Australian Banks Invading User Privacy?

Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for honoring transactions. Time for crypto to take over...

Trevor Smith | 4 weeks ago
Australia ACX exchange crypto
Altcoins

ACX Crypto Exchange Gets Penalized By Australian Blockchain Body

The self-governing body Blockchain Australia removed ACX.IO from its list of partners, following trader complaints that the market operator has gone unresponsive. Blockchain Australia...

Christine Vasileva | 1 month ago
bitcoin
Bitcoin Investment

Bitcoin Fund Now Allows 300k Australians to Invest in BTC

Australia’s financial regulator has given its approval nod to fintech startup Raiz to offer its Bitcoin investment retail fund. The news marks a watershed moment for the Australian...

Osato Avan-Nomayo | 2 months ago
RBA to Block Facebook's Libra in Australia
News

RBA to Block Facebook’s Libra in Australia

Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are...

Osato Avan-Nomayo | 3 months ago
bitcoin for australia wild fires
Bitcoin

Bitcoin for Charity: BTC Donations are on for Australian Bush Fires

A Bitcoin donation address has been opened to supply aid for the Australian bushfires raging this dry season. The BTC address offers a borderless way to make contributions for relief...

Christine Vasileva | 3 months ago
Australia ACX exchange crypto
News

Australia Revokes 3 Cryptocurrency Exchange Licenses

Are authorities in Australia starting to turn bearish on cryptocurrency as we enter a new year? The nation’s AML Agency ‘AUSTRAC’ has now revoked three of its...

Christina Comben | 3 months ago
australia westpac money laundering
News

Second Largest Australian Bank Broke AML Laws More Than 23 Million...

Westpac, Australia’s second-largest bank, violated money laundering laws 23 million times and could be fined AUD21 million (US$15.7 million) per breach. Westpac Banking Corp, the...

Ali | 4 months ago
bitcoin IRA pension
Bitcoin

Australians Warned Over Cryptocurrency-Heavy Self Managed Pensions

The Australian Tax office has sent out 18,000 warning letters to Self Managed Super Funds (SMSFs). The letters target those who have invested over 90% of retirement funds in a single...

Emilio Janus | 8 months ago
australia open to cryptocurrency
News

Australia Wants To Limit Cash Payments Not Cryptocurrency

Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the...

Eustace Cryptus | 8 months ago
bitcoin ban is uneccessary
Bitcoin

Bitcoin Is Not Unnecessary, ‘Bitcoin Ban’ Is

Peter Switzer of the Switzer Financial Group says Bitcoin is unnecessary and should be banned. Again With the Pre-Enlightenment FUD Every so often, anti-Bitcoin rhetoric rears its...

Osato Avan-Nomayo | 9 months ago
Australia crypto
Bitcoin Taxes

Australia Tax Office Tries To Track Down Cryptocurrency-Tax Evaders

Thus far, Australian cryptocurrency traders have been able to avoid the gaze of the tax man without too much effort. But this week, the Australian Taxation Office (ATO) launched a...

Emilio Janus | 11 months ago