Australia to impose capital gains tax on wrapped cryptocurrency tokens
The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance (DeFi) and wrapping…
Tag: #Australia
Australian regulators will compel businesses to report cyberattacks: Report
Australian authorities will oblige local companies to be fully transparent and report any ransomware cyberattacks on their businesses. The country’s…
Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack
Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least…
5 nations challenge crypto experts and investigators to target tax crimes
The Joint Chiefs of Global Tax Enforcement (J5), a global anti-tax fraud group, hosted investigators, cryptocurrency experts and data scientists…
Australian markets could see billions in savings via tokenization: RBA
Brad Jones, the assistant governor of the Reserve Bank of Australia, outlined the potential benefits of adopting tokenization of domestic…
Australia outlines licensing program for crypto exchanges
The Australian government is pushing ahead with plans to regulate domestic crypto exchanges by requiring them to hold a financial…
Australia open to idea of CBDC as future of money — RBA
The Reserve Bank of Australia (RBA) is open to using a central bank digital currency (CBDC) as the future of…
Australian crypto exchanges look to new licensing regime with cautious optimism
Australian crypto exchanges have praised plans from the Australian Treasury to regulate cryptocurrency exchanges under pre-existing financial services licensing measures.…
Australian Treasury proposes to regulate crypto exchanges, not tokens
The Australian federal government is charging forward with plans to regulate the digital asset sector at the exchange level, and…
Mastercard’s CBDC pilot ventures into Ethereum and NFTs
Mastercard in conjunction with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre, revealed Thursday the latest…