Australia articles

There are two main types of crypto exchanges: centralised (CEX) and decentralised (DEX). In this blog, we’re breaking down centralised vs. decentralised crypto exchanges—what they are, how they work, and the pros and cons of each. Not sure which one’s right for you? Keep reading below. Centralised exchanges (CEX) Centralised crypto exchanges (CEXs) are trading platforms […]

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It is tax season again and the ATO just started sending out 350,000 letters warning people about their crypto tax obligations. A lot of people are confused about what is going on and whether or not they have crypto taxes due.

Updated 2022 – CryptoTrader.Tax has rebranded to Coinledger.io Cryptocurrency traders need to pay taxes for capital gain according to the latest regulations issued by the ATO (Australian Tax Office). The tax authority is planning to create a task force specifically for fighting crypto tax evasion.

The Australian government is currently considering a bill that would restrict cash purchases to under AU$10,000. Many are calling the bill, targeting the black economy, a use case for cryptocurrencies. So, what does the bill say, and what does it mean for crypto?

To commemorate ten years of cryptocurrency, the Reserve Bank of Australia has published a paper titled Cryptocurrency: Ten Years On. Authors of the paper are Cameron Dark, June Ma, and Clare Noon of the Australian Reserve Bank’s Payment’s Policy Department.

If you’ve been trading cryptocurrency recently, it’s time to start thinking about how it will affect your tax return. This is even more important now that the Australian Taxation Office (ATO) has declared that they will specifically target crypto traders.

Australia is a great place to visit if you want to pay with cryptocurrencies. More and more businesses put a Bitcoin accepted here sign on their shop windows. And Aussies are increasingly familiar with the crypto world and blockchain technology. However, despite the regulation in the industry, Australian banks do not share this enthusiasm.