Have you been investing, trading or dabbling in cryptocurrency? If so, get tax advice now because the ATO’s data matching powers just got better!
Now, more than ever, it is important to get the right tax advice about your cryptocurrency dealings before lodging your FY19 tax return and before you are contacted by the ATO.
Financial world watches as ASX launches blockchain test
Eleven early adopters of the ASX’s planned equities blockchain will begin testing the new technology from Tuesday, when the exchange switches on a test site that allows them real-time access to its data store.
Bluechain launches in Australia with Amex
WP Hosting Customer Spotlight: Amber
Blockchain incubator set to bolster Australian industry
Australia’s first incubator program dedicated to helping blockchain startups get their businesses up and running will be established in Adelaide. South Australian blockchain advisory firm Crypto SA has been awarded A$170,000 from the Federal Government to open the Crypto SA Lab in September. The incubator program will offer 10 blockchain startups free co-working space and mentoring services. The businesses have already applied for Crypto SA Lab and are currently in the vetting process. Program entrepreneurs will also receive blockchain technology training and broader business advice on how to run a startup. Crypto SA is an advisory firm that provides blockchain businesses information surrounding legal and financial compliance, smart contract support, […]
How Blockchain is boosting the Fintech Sector
The Financial Technology sector, commonly known as Fintech, has changed considerably over the years. From the introduction of ginormous super computers in the 1970’s that would struggle to compete with the average phone for power these days, technology has advanced the finance world. The 1980’s saw automated stock exchanges and the increased use of computer technology in everyday banking. The 1990’s brought the advent of the internet, changing our lives as well as the financial sector. Slowly but surely, mobile banking, internet banking, personal loans, insurance renewal, forex trading and more crept into our lives bringing disruption to the financial world. What was once the preserve of big banks and […]
Coinbase CEO Brian Armstrong: Cryptocurrency needs 3 things for mass adoption
Brian Armstrong, CEO of popular cryptocurrency exchange Coinbase and long-time Bitcoin proponent, has issued a list of what he believes cryptocurrency needs to accomplish in order to reach mass adoption. Speaking in 45-minute Ask Me Anything (AMA) session published to YouTube on April 2nd, the CEO outlined three things that are paramount to both crypto and Bitcoin growth: volatility, scalability and usability. While Armstrong answered a number of community-submitted questions, the first and most pressing appeared to be what the industry needed to achieve mass adoption–a breakthrough that many believe to be the most sustainable route for digital asset growth. According to Armstrong, adoption for the industry is largely being […]
Bitcoin enthusiasts see end to bear market
After a brutal bear market that’s stretched 16 long months, Bitcoin enthusiasts are ready to declare that the dreaded “crypto winter” is finally at an end.
