Cryptocurrency Archives - SmartCompany https://www.smartcompany.com.au/finance/cryptocurrency/ Business news, business advice and information for Australian SMEs, startups and entrepreneurs Thu, 16 May 2024 02:33:52 +0000 en-AU hourly 1 https://www.smartcompany.com.au/wp-content/uploads/2022/01/cropped-android-chrome-512x512-1.png?w=32 Cryptocurrency Archives - SmartCompany https://www.smartcompany.com.au/finance/cryptocurrency/ 32 32 202088525 Cryptocurrency finally mentioned in a Labor budget, sort of https://www.smartcompany.com.au/federal-budget-2024/7-5-million-cryptocurrency-regulation-digital-asset-2024-budget/ https://www.smartcompany.com.au/federal-budget-2024/7-5-million-cryptocurrency-regulation-digital-asset-2024-budget/#respond Thu, 16 May 2024 02:21:00 +0000 https://www.smartcompany.com.au/?p=296285 The 2024 budget papers revealed the government is throwing a $7.5 million shared bone at cryptocurrency regulation under "digital assets".

The post Cryptocurrency finally mentioned in a Labor budget, sort of appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/federal-budget-2024/7-5-million-cryptocurrency-regulation-digital-asset-2024-budget/feed/ 0
ASIC appeals loss against Finder’s cryptocurrency product https://www.smartcompany.com.au/finance/cryptocurrency/asic-appeals-finder-earn-cryptocurrency-wallet/ https://www.smartcompany.com.au/finance/cryptocurrency/asic-appeals-finder-earn-cryptocurrency-wallet/#respond Wed, 10 Apr 2024 06:05:32 +0000 https://www.smartcompany.com.au/?p=292747 ASIC is appealing the Federal Court's decision to dismiss its case against Finder Wallet and its cryptocurrency Earn product.

The post ASIC appeals loss against Finder’s cryptocurrency product appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/asic-appeals-finder-earn-cryptocurrency-wallet/feed/ 0
Finder Wallet wins landmark case against ASIC, proving its crypto investment product legal https://www.smartcompany.com.au/finance/cryptocurrency/finder-wallet-cryptocurrency-asic-federal-court-case-win/ https://www.smartcompany.com.au/finance/cryptocurrency/finder-wallet-cryptocurrency-asic-federal-court-case-win/#respond Thu, 14 Mar 2024 01:01:56 +0000 https://www.smartcompany.com.au/?p=290809 The Federal Court of Australia has dismissed ASIC's case landmark against Finder Wallet and its former cryptocurrency Earn product.

The post Finder Wallet wins landmark case against ASIC, proving its crypto investment product legal appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/finder-wallet-cryptocurrency-asic-federal-court-case-win/feed/ 0
Australia is finally getting crypto regulation, with exchanges being targeted https://www.smartcompany.com.au/finance/australia-is-finally-getting-crypto-regulation-with-exchanges-being-targeted/ https://www.smartcompany.com.au/finance/australia-is-finally-getting-crypto-regulation-with-exchanges-being-targeted/#respond Sun, 15 Oct 2023 23:34:22 +0000 https://www.smartcompany.com.au/?p=279133 Australia is finally getting crypto exchange regulation, with Assistant Treasurer Stephen Jones detailing the proposed new rules on Monday.

The post Australia is finally getting crypto regulation, with exchanges being targeted appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/australia-is-finally-getting-crypto-regulation-with-exchanges-being-targeted/feed/ 0
A majority of NFTs now estimated to be worthless https://www.smartcompany.com.au/finance/cryptocurrency/majority-nfts-estimated-worthless/ https://www.smartcompany.com.au/finance/cryptocurrency/majority-nfts-estimated-worthless/#respond Sun, 01 Oct 2023 22:59:34 +0000 https://www.smartcompany.com.au/?p=277077 The two most traded sets of NFTs are the Bored Apes collection created in April 2021 and the CryptoPunks collection launched in June 2017.

The post A majority of NFTs now estimated to be worthless appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/majority-nfts-estimated-worthless/feed/ 0
Crypto regulation bill rejected, Labor’s token mapping plan still MIA https://www.smartcompany.com.au/finance/cryptocurrency/crypto-regulation-bill-rejected-labor-token-mapping-plan/ https://www.smartcompany.com.au/finance/cryptocurrency/crypto-regulation-bill-rejected-labor-token-mapping-plan/#respond Tue, 05 Sep 2023 02:01:46 +0000 https://www.smartcompany.com.au/?p=274836 A Senate committee has rejected Andrew Bragg's crypto regulation bill. Meanwhile Labor has remained quiet on its own token mapping plans.

The post Crypto regulation bill rejected, Labor’s token mapping plan still MIA appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/crypto-regulation-bill-rejected-labor-token-mapping-plan/feed/ 0
How to claim crypto losses and capital gains in your tax return https://www.smartcompany.com.au/finance/cryptocurrency/how-to-claim-crypto-losses-capital-gains-tax-return/ https://www.smartcompany.com.au/finance/cryptocurrency/how-to-claim-crypto-losses-capital-gains-tax-return/#respond Mon, 10 Jul 2023 00:14:39 +0000 https://www.smartcompany.com.au/?p=269635 The Australian Tax Office treats cryptocurrency holdings like other investment assets, such as company shares or real estate.

The post How to claim crypto losses and capital gains in your tax return appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/how-to-claim-crypto-losses-capital-gains-tax-return/feed/ 0
Investors turn to Bitcoin and gold after SVB collapse https://www.smartcompany.com.au/finance/investors-bitcoin-gold-svb-collapse/ https://www.smartcompany.com.au/finance/investors-bitcoin-gold-svb-collapse/#respond Mon, 13 Mar 2023 23:32:03 +0000 https://www.smartcompany.com.au/?p=259718 After a rollercoaster weekend, Bitcoin has rallied by around 20% in the last four days in the wake of the Silicon Valley Bank collapse.

The post Investors turn to Bitcoin and gold after SVB collapse appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/investors-bitcoin-gold-svb-collapse/feed/ 0
Treasury admits traditional financial regulation won’t work for all crypto https://www.smartcompany.com.au/finance/cryptocurrency/treasury-token-mapping-cryptocurrency-financial-regulation/ https://www.smartcompany.com.au/finance/cryptocurrency/treasury-token-mapping-cryptocurrency-financial-regulation/#respond Mon, 06 Feb 2023 01:09:16 +0000 https://www.smartcompany.com.au/?p=256818 Treasury has released its public consultation paper regarding token mapping and cryptocurrency regulation. But it's also admitted that it's complicated.

The post Treasury admits traditional financial regulation won’t work for all crypto appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/treasury-token-mapping-cryptocurrency-financial-regulation/feed/ 0
Swyftx quietly announced the closure of its Earn product while everyone was on Christmas break https://www.smartcompany.com.au/finance/cryptocurrency/swyftx-closure-of-earn/ https://www.smartcompany.com.au/finance/cryptocurrency/swyftx-closure-of-earn/#respond Mon, 09 Jan 2023 01:14:47 +0000 https://www.smartcompany.com.au/?p=255377 Australian cryptocurrency exchange, Swyftx, is closing its high-interest Earn product. It notified customers during the Christmas long weekend after ASIC began legal proceedings against similar products in the market.

The post Swyftx quietly announced the closure of its Earn product while everyone was on Christmas break appeared first on SmartCompany.

]]>
https://www.smartcompany.com.au/finance/cryptocurrency/swyftx-closure-of-earn/feed/ 0