The ATO has encountered difficulties in explaining ambiguous elements of its recent guidance, implying that capital gains tax (CGT) applies to various routine decentralised finance transactions.Continue Reading

According to an article on CoinTelegraph, Bitcoin did not reach $100,000 during the 2021 bull market due to the assertion that the now-defunct exchange FTX continuously offloaded BTC.Continue Reading

Grayscale Investments, in collaboration with NYSE Arca, has submitted a request to the U.S. Securities and Exchange Commission (SEC) for permission to transform the Grayscale Ethereum Trust (ETHE) into an Ethereum spot exchange-traded fund (ETF). Continue Reading

MicroStrategy acquired its most recent Bitcoin reserve with an average cost of $27,053 per coin, representing a 9% reduction compared to the average price of its entire BTC acquisition.Continue Reading

Thevamanogari Manivel received an 18-month community corrections sentence, including six months of unpaid community service, while her husband is scheduled for a plea trial in October.Continue Reading

Chainlink's CCIP protocol has been launched on Ethereum's layer 2 scaling solution, Arbitrum One, with the aim of facilitating the development of cross-chain decentralised applications (DApps).Continue Reading

Today, the collapsed digital asset exchange FTX received approval from Judge John Dorsey overseeing its bankruptcy proceedings to proceed with the sale of billions of dollars in crypto assets. Continue Reading

Senator Andrew Bragg, the author of the Digital Assets (Market Regulation) Bill, has cautioned that if the parliament rejects the bill, Australian investors could face exposure to unregulated markets, and investments may flow out of the country.Continue Reading

In a notable upgrade, MetaMask Portfolio has introduced a noteworthy Sell functionality that empowers users to seamlessly transform their digital assets into fiat currencies such as USD, EUR, and GBP. Continue Reading

The Senate Committee on Economic Legislation has issued a recommendation against the approval of Senator Andrew Bragg's Digital Assets (Market Regulation) Bill 2023. The committee officially communicated this decision on September 4, advising the government to continue its research on the subject rather than enact the proposed legislation.Continue Reading