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australia crypto news
The Australian Taxation Office (ATO) has announced that people involved in wrapping or unwrapping cryptocurrency tokens will face capital gains tax (CGT). This tax will be imposed regardless of the tokens’ market value during the wrapping or unwrapping. Essentially, any gains or losses arising from these transactions will now be subject to taxation by the...
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A new report out of RMIT’s Blockchain Innovation Hub, Centre for Cyber Security Research and Innovation and the Digital Ethnography Research Centre has said Decentralised Autonomous Organisations (DAOs), including a Docklands DAO, could pilot a new type of digital economic infrastructure, revitalising precincts in Melbourne’s CBD.   This would see local retail, residential and commercial...
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