Australia News

The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
News
CEO of Independent Reserve Adrian Przelozny told Cointelegraph that he expects the trend to continue as crypto matures and becomes less volatile.
Massive jump in number of Australians who own crypto: Survey
Keira Wright
2021-12-07T05:09:29+00:00
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News
The IRCI survey of 2,000 Aussies also found that 56.7% of the women surveyed said that they would enter the crypto market based on advice from family and friend...
Australian women owning crypto has doubled in 2021: Survey
Keira Wright
2021-12-07T02:23:40+00:00
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News
Welcome to the statistically dubious world of cryptocurrency surveys. Here, we'll find out how many Aussies really own crypto, and why there are so many differe...
True or false: 91% of surveys about Bitcoin and crypto are totally wrong
Keira Wright
2021-12-01T02:57:24+00:00
8510
Opinion
If Australia can embrace the crypto asset class, it could very realistically see an injection of new capital into its markets and the broader economy.
US Bitcoin ETF favors Australian approval, but Aussies need to go further
Will Hamilton
2021-11-28T10:11:00+00:00
6607
News
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dolla...
Australian Tax Office says it can’t rely on crypto users’ own records
Brian Quarmby
2021-11-26T00:49:34+00:00
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News
“It’s still a very volatile investment, so any allocation exposure we make to cryptocurrencies is likely to be part of our diversified portfolio,” said Rest Sup...
Australia’s Rest Super retirement fund to invest in crypto for its 1.8M members
Brian Quarmby
2021-11-24T04:36:53+00:00
12763
News
He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.”
ASIC chair Longo calls the growing demand for crypto ‘impossible to ignore’
Benjamin Speaker
2021-11-23T21:45:00+00:00
3676
News
“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play.
Commonwealth Bank of Australia recognizes risks in missing out on crypto
Brian Quarmby
2021-11-23T05:22:50+00:00
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