Search

Nalezeno "Australia ": 1269

TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams

28.11.2023
Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation

KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined

24.11.2023
Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges

DeFi Users Seek Clarity as Australia’s Tax Office Fails to Explain New Capital Gains Tax Rules

24.11.2023
The ATO’s opaque DeFi tax guidance perplexes Australian crypto investors. Image by Vadym, Adobe Stock. The Australian Taxation Office (ATO) released new guidance on November 9, stating that capital gains tax (CGT) applies to certain decentralized finance (DeFi) transactions. The tax agency...

Australian Regulator Says Cryptos ‘Created Out of Nothing,’ Issues Fresh Warning, Report

24.11.2023
Source: Pixabay / Patty Jansen The Australian Securities and Investments Commission (ASIC) is reportedly ramping up its surveillance towards the crypto market introducing fresh warnings. The regulator on Friday issued warning on cryptocurrency investments criticizing the digital tokens as “created...

‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

24.11.2023
The heads of Australia’s largest crypto exchanges say a bull run is coming early next year — others say it’s already arrived

Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

24.11.2023
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges

Grineo Unveils the Exciting Future of Digital Spending at Australian Crypto Convention

16.11.2023
PRESS RELEASE. SYDNEY, AUSTRALIA / November 16, 2023 / Grineo, the groundbreaking Australian FinTech startup, made waves at the highly anticipated AusCryptoCon in Melbourne on November 11-12, 2023. The highly coveted event, boasting over 15,000 attendees and co-hosted by industry giants such...

Coinbase Ventures Invests More in Startups Outside the US, Especially in India, Singapore, Australia, and the UK

16.11.2023
Source: AdobeStock / photo_gonzo Coinbase Ventures has shifted focus to crypto startups outside the United States amid growing regulatory scrutiny in the country. Hoolie Tejwani, the director of corporate development and ventures at Coinbase, told Bloomberg in a recent interview that the company...

Australia Introduces Capital Gains Tax For Wrapped Tokens

14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...

Ripple Partners With Onafriq to Enable Faster Cross Border Payments to Africa

14.11.2023
Ripple and the Africa-focused payment fintech startup Onafriq recently said they are collaborating to enable crypto-based cross-border payments between Africa and the Gulf Cooperation Council (GCC), the U.K., and Australia. Using Ripple’s platform helps Onafriq achieve its goal of making...

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi

14.11.2023
Australia's tax authority has clarified that its capital gains tax on crypto products also extends to wrapped tokens or token interaction with decentralized (DeFi) lending protocols

Australia to impose capital gains tax on wrapped cryptocurrency tokens

14.11.2023
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax

48 Countries Join Forces to Combat Crypto Tax Evasion Starting in 2027

13.11.2023
Source: AdobeStock / Nuthawut Forty-eight countries across six continents have committed to a new tax transparency standard starting in 2027 to fight crypto-related tax evasion. Countries – including Ireland, Austria, France, Germany, Italy, Croatia, Japan, South Korea, the US, and Canada...

Australian regulators will compel businesses to report cyberattacks: Report

13.11.2023
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged

47 Countries Adopt New CARF Framework on Automatic Exchange of Information Between Tax Authorities

10.11.2023
Source: Adobe/amirul syaidi A consortium of 47 countries, including the US, the UK, and Australia, have adopted a new framework for the automatic exchange of information between tax authorities. The framework, known as the Crypto-Asset Reporting Framework (CARF), was developed by the Organisation...

Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack

9.11.2023
Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”

Ripple Collaborates to Power Payments Corridors Between Africa and Rest of the World

8.11.2023
Source: Adobe Crypto payments giant Ripple has partnered with fintech Onafriq for cross-border payments between Africa and the rest of the world. The deal would facilitate crypto-enabled cross-border payments between 27 African countries and markets including the UK, Australia, and the Gulf....