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Are you an Australian citizen and worried you might not be paying all the taxes you are due on your bitcoin investments? Well, worry no more because the government is here to help. A group of experts has been assembled to make sure no satoshi goes untaxed in the land down under. Also Read: SEC […]
The post Australian Taxation Office Creates Task Force to Go After Bitcoin Traders appeared first on Bitcoin News.
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Bitcoiners in Australia claim banks are on purpose freezing their bank accounts, disallowing exchange transfers, and at least one exchange is over-reacting to the freeze. They’re so unnerved they’ve done what any good crypto enthusiast does: air it all on social media and in comment threads. Also read: Bitcoin’s Value — Like Beauty — Is […]
The post Australian Freeze: Big Aussie Banks Denying Bitcoiners appeared first on Bitcoin News.
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Most people who live in Australia will have come across the Coinspot cryptocurrency platform. It is an interesting company which facilitates the purchase of Bitcoin, Ethereum, and a few other cryptocurrencies as well. Unfortunately, the company is dealing with some significant issues which are affecting AUD deposits. It seems these problems will not be resolved anytime soon either, according to a new update. This is not good news for the company or its customers, but it’s something people will have to deal with for the time being. Coinspot Deposit Restrictions Remain in Place Anyone who has tried to use CoinspotPowered by WPeMatico
The Year of Bitcoin continues to get more interesting, as reports surfaced today that legacy bank Goldman Sachs will open a cryptocurrency trading desk by mid 2018. It’s a momentous occasion for many reasons, but not least of which is the influence the bank carries in terms of respect within the industry. Also read: Championing […]
The post Doing a 180 – Goldman Sachs Goes Crypto appeared first on Bitcoin News.
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French Finance Minister Bruno Le Maire announced on Sunday December 17th that the next Group of 20 (G20) meeting would include discussion about how to regulate the world’s most popular cryptocurrency, bitcoin. The digital asset hasn’t ceased in making news all year, and European politicians appear more concerned in direct proportion to its price increase, […]
The post Crypto to Take Center Stage at G20 – “Need to See How We Can Regulate Bitcoin” appeared first on Bitcoin News.
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The Department of Justice has announced another potential auction of seized bitcoin, totalling over 8 million USD. There’s a noticeable uptick in bitcoin-related prosecutions since at least 2014 and the Ross Ulbricht, Silk Road affair. With the price of bitcoin rising to stratospheric heights, the phenomenon has made bitcoiners relatively wealthy; it might have also […]
The post Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture Gains appeared first on Bitcoin News.
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