Tag: BitCoin

ATO crack down on cryptocurrency

Posted on   |  by James Riley
The ATO is investigating measures to ensure that cryptocurrency investors and traders are paying the right amount of tax on their investments. The agency has confirmed that it is...

RBA boss rails at Bitcoin hype

Posted on   |  by Denham Sadler
The Reserve Bank of Australia boss has slammed the rapidly increasing valuations of Bitcoin and other crypto currencies as a “speculative mania,” but has nonetheless confirmed the RBA is...

Cryptocurrency’s quantum dilemma

Posted on   |  by James Riley
The security of cryptocurrencies could be “completely broken” by quantum computers within 10 years, a new Australian report has found. The white paper, Quantum Attacks on Bitcoin and How...

RBA plugs new digital currencies

Posted on   |  by Denham Sadler
The Reserve Bank of Australia is keenly observing the development of digital currencies and has acknowledged the vast opportunities that the blockchain offers the financial sector. Speaking at a...

Currency: Digital tax laws stalled

Posted on   |  by James Riley
The government is still to formally legislate to stop the double taxation of digital currencies in Australia, despite promising to do so more than a year ago. The delays...

Blockchain patents – the new black

Posted on   |  by Chris Baxter
What’s the big story in software patent applications in 2016? Does it by any chance involve a tamper-proof, virtual decentralised verification ledger? In other words, does it use blockchain?...