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Australia News

The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
While Australia holds off on removing the double taxation of digital currencies, researchers have said that they could in fact replace cash altogether in the co...
ANU Professor: AusBit, not Bitcoin, Will Replace Cash in Australia within 10 Years
William Suberg
2015-03-04T17:12:00+00:00
618
In light of users’ complaints over withdrawal delays on Australian Bitcoin exchange Igot, founder Rick Day, responds to clients concerns and sheds light on his ...
'Igot.com Has Stopped Over $1.2M Worth of Frauds in the Past 6 Months,' Says Founder
Diana Ngo
2015-02-26T23:41:22+00:00
460
Chinese exchange BTER loses up to US$1.75 million in cold wallet hack. Meanwhile, fiat banks may have lost over US$300 million in the last 15 months through hac...
Daily Digest: BTER Hacked, Bitcoin Core Updated
Charlie Richards
2015-02-16T13:43:22+00:00
486
Darkleaks' black market for data, Inside Bitcoins coming to Berlin, 600 merchants in Austria started selling Bitcoin over night, BitPay partnering with Adyen, a...
Bitcoin Daily Digest: Darkleaks, Aussie Travel Agency Embraces BTC and More
Diana Ngo
2015-02-04T15:52:09+00:00
500
Coin Loft finds a workaround to an Australian GST law that had previously meant a tax was applied to the total value of bitcoin exchanges in the country.
Why Coin Loft Customers Won’t Pay Australia’s 10% Bitcoin Tax
Charlie Richards
2015-01-27T13:43:00+00:00
780
After a week’s break to start the new year, Cointelegraph and content partner Coin ATM Radar are tracking some new BTMs that have been installed since New Year’...
New BTMs in Australia, Switzerland and the United States
Armand Tanzarian
2015-01-13T10:21:21+00:00
652
The proliferation of BTMs around the world continued last week, even with the Christmas holiday giving billions of us an excuse not to do much work at all.
New BTMs in North America, UK and Australia
Armand Tanzarian
2014-12-30T14:09:56+00:00
531
In a blow to Bitcoin’s international presence, Australia has confirmed it will keep its controversial sales tax policy for certain Bitcoin transactions. Followi...
Australia Decides to Keep Bitcoin Sales Tax, Risks Double Taxation
William Suberg
2014-12-19T13:32:47+00:00
1677

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