Australia Commits to Kill Bitcoin Double Tax Despite Delay

Australia Commits to Kill Bitcoin Double Tax Despite Delay

The Australian government has reaffirmed its commitment to put an end to the ‘double taxation’ of purchases made by bitcoin and other digital currencies in the country. Over a year ago in March 2016, the Australian government, through its Treasury, released a...
Australian Govt Looks to Regulate Bitcoin Exchanges

Australian Govt Looks to Regulate Bitcoin Exchanges

The Australian government is considering the regulation of the local digital currency space by revealing plans to bring bitcoin exchanges under the scope of anti-money laundering (AML) and counter-terrorism financing legislation. In its bid to foster an...
Over 10 New Bitcoin Exchanges Set to Launch in Japan

Over 10 New Bitcoin Exchanges Set to Launch in Japan

As Japan becomes a friendlier place for bitcoin with embracive legislation, over 10 Japanese companies are reportedly launching bitcoin exchanges to capitalize on the growing demand for the cryptocurrency. According to a Nikkei report, the cryptocurrency...
Antigua & Barbuda to Accept Bitcoin for Government Services

Antigua & Barbuda to Accept Bitcoin for Government Services

Antigua & Barbuda might go “full bitcoin” and accept the digital currency for government services. The Cabinet of Antigua & Barbuda instructed the Attorney General, Steadroy “Cutie” Benjamin, to draft news laws for the possible implementation of Bitcoin...
Japan Accepts Bitcoin as Legal Payment Method. What’s Next?

Japan Accepts Bitcoin as Legal Payment Method. What’s Next?

Legislation making bitcoin and virtual currencies legal currency took effect this month in Japan. The country’s Financial Services Agency released a text of the law last week. The Accounting Standards Board of Japan will create a framework to determine how the...
Bitcoin P2P Trading on LocalBitcoins Hits Global All-Time High

Bitcoin P2P Trading on LocalBitcoins Hits Global All-Time High

Bitcoin trading volumes on peer-to-peer marketplace LocalBitcoins continues to thrive despite turbulent volatile times for the cryptocurrency’s value. Last week, the marketplace witnessed a record $32 million in trading volumes in a continuing upward trend that...
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