Australia Tax Office Tries To Track Down Cryptocurrency-Tax Evaders

Thus far, Australian cryptocurrency traders have been able to avoid the gaze of the tax man without too much effort. But this week, the Australian Taxation Office (ATO) launched a data-matching program, in an attempt to hunt down evaders. Up To 1 Million Australians Hold Crypto Assets According to ATO estimates, between 500,000 and one […]

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Australian Bitcoin ATM Startup Says Its Raking in $360,000 Per Week

A Bitcoin ATM company from Australia has reported a weekly turnover of $500,000 AUD (roughly $360,000 USD) despite the cryptocurrency bear market.  $360,000 Weekly Turnaround Auscoin, an Australian bitcoin ATM company, has reported a weekly turnaround of $360,000 in 2018. According to the reports, it’s currently operating 31 ATMs throughout Australia but it’s planning to […]

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Australian Gov’t Agency Unimpressed, Says Blockchain ‘At the Top of the Hype Cycle’

Australia’s Digital Transformation Agency (DTA) doesn’t appear to be impressed with the current state of blockchain technology. According to its chief digital officer, the technology is being pushed not by governments or users, but by vendors. Blockchain at the “Top of a Hype Cycle” Earlier this year, Bitcoinist reported that the Australian Government provided AUD […]

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