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Crypto Tax Criticism in Australia Crypto tax guidelines in Australia have been criticized by a law firm for their lack of clarity and controversial nature, likening them to “toilet paper.” The Australian Tax Office (ATO) released guidance on Nov. 9, outlining potential tax implications for decentralized finance (DeFi) activities. However, in a Nov. 27 blog...
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Binance has announced the discontinuation of its support for the BUSD stablecoin effective December 15. 
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In his inaugural blog post since succeeding Changpeng Zhao, newly appointed Binance CEO Richard Teng shared his vision, emphasising a strong commitment to regulatory cooperation within the crypto exchange.
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On November 15, the globe's largest asset manager, BlackRock, formally submitted an application for an Ether exchange-traded fund (ETF) directly linked to the market with the United States Securities and Exchange Commission (SEC).
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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 surge of 12% in XRP followed a misleading BlackRock filing that hinted at the asset manager establishing an XRP exchange-traded product. 
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The Bitcoin mining sector achieved its highest annual earnings on November 12, surpassing $44 million in combined block rewards and transaction fees.
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Asset manager VanEck submitted a revised application for a spot Bitcoin exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC) on October 27, as reported in the SEC's database.
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Sam Bankman-Fried's trial is approaching its end, as the prosecution plans to conclude its case on October 26.
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In its lawsuit accusing the blockchain company of violating U.S. securities law, the U.S. Securities and Exchange Commission (SEC) has filed a court document in New York, revealing its decision to withdraw allegations against two Ripple Labs executives. 
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