How are cryptocurrency losses carried forward?
How are cryptocurrency losses carried forward? In recent years, the cryptocurrency market has experienced significant volatility, leading many investors to face substantial losses. Understanding how to handle these losses from
What Records Do I Need To Keep For My Cryptocurrency Transactions?
What Records Do I Need To Keep For My Cryptocurrency Transactions? In the dynamic world of cryptocurrency, Australian investors must navigate not only market volatility but also stringent tax regulations.
Understanding the Importance of a Crypto Tax Calculator in Australia
Understanding The Importance Of A Crypto Tax Calculator In Australia Cryptocurrency has become a significant part of the financial landscape in Australia, with many investors engaging in buying, selling, and
Are there any tax-free thresholds for cryptocurrency gains?
Are there any tax-free thresholds for cryptocurrency gains? For Australian cryptocurrency investors and traders, understanding the tax implications of their digital asset activities is crucial. While cryptocurrency gains are generally
What happens if I move overseas with cryptocurrency investments?
Moving Overseas with Cryptocurrency Investments: Tax Implications When relocating overseas with cryptocurrency investments, Australian residents must navigate complex tax implications. The Australian Taxation Office (ATO) has specific rules regarding the
How are cryptocurrency exchange fees treated for tax purposes?
How are cryptocurrency exchange fees treated for tax purposes? Cryptocurrency exchange fees play a significant role in the world of digital asset trading and can have important tax implications for
Securing Your Cryptocurrency: A Comprehensive Guide to Safe Storage
Securing Your Cryptocurrency: A Comprehensive Guide to Safe Storage In the rapidly evolving world of digital assets, safeguarding your cryptocurrency is paramount. As the value and popularity of cryptocurrencies continue
Is Cryptocurrency Taxable in Australia?
Cryptocurrency Taxation in Australia: What You Need to Know Cryptocurrency has become increasingly popular in Australia, with over one million Australians owning digital assets. As the crypto market continues to
What are the different types of cryptocurrency wallets?
What are the different types of cryptocurrency wallets? Cryptocurrency wallets are essential tools for anyone looking to store, manage, and transact with digital assets. As the crypto ecosystem continues to
What are the GST implications for cryptocurrency transactions?
What are the GST implications for cryptocurrency transactions? The rise of cryptocurrencies has introduced new complexities to the Australian tax system, particularly concerning the Goods and Services Tax (GST). As
How Does the ATO Classify Cryptocurrency for Tax Purposes?
How Does the ATO Classify Cryptocurrency for Tax Purposes? Cryptocurrency has gained significant popularity in recent years, and with it, the need for clear tax regulations has become paramount. The
What are digital assets?
What Are Digital Assets? In today’s digital age, the term “digital assets” has become increasingly prevalent. But what exactly are digital assets, and why are they so important? This article
What is cryptocurrency and how do blockchains work?
What is cryptocurrency and how do blockchains work? Demystifying Blockchains: The Technology Behind Cryptocurrency When it comes to cryptocurrencies like Bitcoin and Ethereum, you’ve likely heard about blockchains. But what
Australian authorities shut down unauthorised blockchain mining businesses.
Australian authorities shut down unauthorised blockchain mining businesses. Following the closure of three cryptocurrency mining companies—NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS Group Ltd—more than 160 million
Accountants – Elevate Your Tax Practice with Professional Crypto Tax Reports
AUSTRALIAN CRYPTO TAX SOFTWARE Elevate Your Tax Practice with Professional Crypto Tax Reports We are here to support all accountants Australia wide with any clients they may see who have
Accountants – Maximize Your Crypto Tax Returns
AUSTRALIAN CRYPTO TAX SOFTWARE Maximize Your Crypto Tax Returns with our secure, Australian-made software! We are here to support all accountants Australia wide with any
Coinbase Adjusts Support
Coinbase Adjusts Support In a recent announcement, Coinbase Commerce, a platform widely used by merchants for cryptocurrency payments, revealed changes to its support for Bitcoin
Keeping You in the Crypto Loop
Keeping You in the Crypto Loop Stay updated on the daily trends and events influencing Bitcoin price, blockchain technology, DeFi, NFTs, Web3, and crypto regulations
Aussie Crypto Exchanges
Aussie Crypto Exchanges In the dynamic realm of cryptocurrency within Australia, a fascinating narrative unfolds, revealing the pivotal role played by crypto exchanges in shaping
Visa and Crypto
Visa and Crypto MetaMask users can now convert cryptocurrencies to fiat currency using Visa cards, bypassing centralized exchanges. Visa partnered with Transak for this service
Crypto ATM Update
Crypto ATM Update For nearly ten years, the count of crypto ATMs had been on a steady upward trajectory. However, a significant shift occurred in
Approval of Bitcoin ETF
Approval of Bitcoin ETF The US Securities and Exchange Commission (SEC) has granted its historic approval for the very first Bitcoin exchange-traded fund (ETF), a
Coins and Tokens
Coins and Tokens A token represents a digital asset that operates within a different cryptocurrency’s blockchain network. Unlike cryptocurrencies (coins), which are limited to their
Shiba Inu Aims to Transform
Shiba Inu Aims to Transform Shiba Inu, currently the second-largest meme coin in terms of market capitalization, has been on a mission to transform its
Exploring CoinJar
Exploring CoinJar CoinJar, founded in Melbourne in 2013 by Asher Tan and Ryan Zhou, started as an Australian-focused cryptocurrency exchange but quickly expanded its reach
Crypto Tax Australia Overview
Crypto Tax Australia: A Brief Overview Cryptocurrencies, despite not enjoying tax exemption, have gained immense popularity in Australia, with the landscape continuously evolving. Crypto Tax
AI Can Detect Fake NFTs
AI Can Detect Fake NFTs With the rising prevalence of fake non-fungible tokens (NFTs), artificial intelligence is a key factor in quashing this problem. In
ANZ halts cash transactions, from many branches.
ANZ halts cash transactions, from many branches. It has been announced today that ANZ Bank has stopped allowing cash transactions at many of its branches
The Rise of Regulated Stablecoins
The Rise of Regulated Stablecoins Digital regulatory experts have forecasted a massive increase in global usage of stablecoins by the year 2030, regardless of the
A private bill to expedite crypto regulations: What does this mean for traders?
A private bill to expedite crypto regulations: What does this mean for traders? As cryptocurrency trading continues to increase in popularity, it is important for