ATO gathers bulk data from crypto exchanges
The Australian Taxation Office is ingesting bulk records from local cryptocurrency businesses as part of its compliance efforts.
The Australian Taxation Office is ingesting bulk records from local cryptocurrency businesses as part of its compliance efforts.
Although Bitcoin may have lost much of its lustre among speculators, the Australian Competition and Consumer Commission has revealed that in 2018 it and other cryptocurrencies remained popular among scammers.
AUSTRAC — Australia’s money laundering and counter terrorism financing watchdog — says that it has suspended the registrations of two digital currency exchanges.
A cryptocurrency platform that lost access to millions of dollars when its founder died with sole knowledge of company passwords has been granted a temporary reprieve from creditor lawsuits.
Basis, a cryptocurrency project that in April announced it had raised US$133 million from a slew of high profile investors, has announced that it is shutting down and returning the funds to its backers because of regulatory concerns.
KPMG today launched a tool to help traders of cryptocurrencies better understand their tax liabilities.
AMD has forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.
Victorian Police have warned people against paying fake tax debts at Bitcoin ATMs.
Three companies that provide cross-border payment services plan to use technology developed by startup Ripple that employs cryptocurrency XRP to speed transactions.
A Sydney couple allegedly used cryptocurrency to help launder the proceeds of credit card fraud.
The Australian Securities and Investments Commission (ASIC) today revealed it had stepped in to stop five initial coin offerings (ICOs) from raising capital since April.
A proposal to build a “behind the grid” data centre – which it is claimed will be the first in Australia to be “powered primarily from renewable energy sources” – has received the backing of the Western Australian government.
US securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge has ruled.
Nvidia shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.
Data centre firm DC Two has announced it is planning to build “the first behind the grid data centre in Australia powered primarily from renewable energy sources”.