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Australia Seeks Public Input on its Tax Treatment of Cryptocurrencies

Australia’s official taxation department has opened a public consultation to hear feedback about its tax guidelines on cryptocurrencies. In a statement this week, the Australian Taxation Office (ATO) confirmed an update of its cryptocurrency tax guidance after admitting to fielding a number of community queries ‘about how to approach specific …

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Canadian Homeowner Will Only Take Bitcoin for Condo Sale

A Toronto man is demanding digital currency for his Ontario property. Former Wall Street businessman Derryn Shrosbree has listed his home for 35 bitcoins- $450,000 in today’s market. He told CBC News that the move was driven by a belief in the technology: “I believe it’s the future”. It marks …

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India’s Biggest Tax Filing Platform is Helping Investors File on Bitcoin Gains

A new partnership between major cryptocurrency exchange Zebpay and tax filing platform Cleartax aims to assist cryptocurrency investors file taxes on capital gains from their crypto assets. As Indian authorities continue to be perfectly ambiguous over guidelines or regulations for cryptocurrency adopters and the industry respectively – bitcoin and cryptocurrencies …

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Cryptocurrency Market Retreats $300 Billion as Bitcoin and Ethereum Decline

Over the past week, the cryptocurrency market and bitcoin have consistently been volatile in the $300 billion region, moving up and down within the range of $280 billion and $350 billion. The market has operated within this boundary throughout March. Continuous Volatility The cryptocurrency market has struggled to demonstrate signs …

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