Bitcoin Miner Expert: A Guide to Crypto Mining in Australia Bitcoin mining has gained popularity worldwide, and Australia is no exception. With a volatile Bitcoin market and increasing interest in cryptocurrency mining, Australians are exploring how to turn this growing sector into a profitable venture. However, becoming a Bitcoin mining expert in Australia comes with...Continue Reading
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...Continue Reading
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.Continue Reading
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).Continue Reading
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...Continue Reading
A surge of 12% in XRP followed a misleading BlackRock filing that hinted at the asset manager establishing an XRP exchange-traded product. Continue Reading
The Bitcoin mining sector achieved its highest annual earnings on November 12, surpassing $44 million in combined block rewards and transaction fees.Continue Reading
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.Continue Reading
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