Cryptocurrency
Are NFTs taxable in Australia?
- January 16, 2023 06:03 PM AEDT | Ankit Sethi

In some countries, the tax implications of crypto assets is a hazy subject, but not in Australia. Assets, including NFTs, attract a CGT levy, and the ATO mandates proper record-keeping.
Can you withdraw cryptocurrency in Australia?
- January 13, 2023 02:44 PM AEDT
- Ankit Sethi

How safe is Bitcoin?
- December 13, 2022 03:27 PM AEDT | Ankit Sethi
The biggest risk is the fear of a sudden ban by a regulator or sovereign authority on any or all Bitcoin-related activities.
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Does Bitcoin work in Australia?
- December 12, 2022 02:34 PM AEDT | Ankit Sethi
The Australian Taxation Office (ATO) has clear guidelines on how crypto assets, including Bitcoin, altcoins (alternative cryptos like Ether), and non-fungible tokens (NFTs), are treated for tax purposes.
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Is Ether (ETH) cryptocurrency available in Australia?
- December 09, 2022 07:18 PM AEDT | Ankit Sethi
It is not clear whether the eventual CBDC of Australia would be based on Ethereum’s blockchain or not, but any progress in this regard would be closely watched by ETH enthusiasts.
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All you need to know about Jurassic Shiba cryptocurrency
- December 07, 2022 07:23 PM AEDT | James Preston
The project is headed by Kenneth Wilson, who acts as CEO & CTO. Wilson also operates under the moniker “Mr. Fly”.
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What is Ether (ETH) cryptocurrency used for?
- December 07, 2022 03:07 PM AEDT | Ankit Sethi
Ether is used as ‘money’ within Ethereum, but it cannot be compared with legal tender like the US dollar.
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Is there any ‘safe’ stablecoin in the cryptoverse?
- December 05, 2022 04:42 PM AEDT | Ankit Sethi
Since any sovereign authority does not issue stablecoins like USDT and USDC, adequate reserves in cash and cash equivalents must be maintained.
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Is Shiba Inu (SHIB) a shit coin?
- December 04, 2022 10:00 AM AEDT | Ankit Sethi
Proponents expect that by adding new features like an in-house blockchain, SHIB can gradually overcome the tag of a shit coin.
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5 major crypto failures, including bankruptcies, of year 2022
- November 30, 2022 08:16 PM AEDT | Ankit Sethi
Cryptocurrencies are risky not for one but for many reasons. The primary reason is that no major country, including the US, China, and Australia, favours the use of cryptos in payments.
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What is the connection between Australia’s CBDC and Ethereum?
- November 30, 2022 02:49 PM AEDT | Ankit Sethi
The design of any CBDC, be it that of China or Australia, is only a subject of speculation. But the RBA’s whitepaper says that the pilot eAUD would use Ethereum’s permissioned blockchain.
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What could be Dogecoin’s future? What was DOGE’s highest price?
- November 29, 2022 02:51 PM AEDT | Ankit Sethi
Musk once hinted that he was working with DOGE developers to make the cryptocurrency more efficient, but no further details have been provided.
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