Cryptocurrency

Are NFTs taxable in Australia?

 Are NFTs taxable in Australia?

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.

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How safe is Bitcoin?

How safe is Bitcoin?

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?

Does Bitcoin work in Australia?

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?

Is Ether (ETH) cryptocurrency available in Australia?

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

All you need to know about Jurassic Shiba cryptocurrency

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?

What is Ether (ETH) cryptocurrency used for?

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?

Is there any ‘safe’ stablecoin in the cryptoverse?

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?

Is Shiba Inu (SHIB) a shit coin?

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

5 major crypto failures, including bankruptcies, of year 2022

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?

What is the connection between Australia’s CBDC and Ethereum?

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?

What could be Dogecoin’s future? What was DOGE’s highest price?

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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