Bitcoin is a digital asset and payment system, with some $9.1 billion worth in global circulation as of August 2016. It is considered by many to be the most successful and game-changing cryptocurrency ever created. Last week, the...
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Government initiates debate to regulate Bitcoin
The Union finance ministry has invited suggestions on whether digital currencies like Bitcoin should be banned or allowed but regulated, and if so, if self-regulation is desirable. It wants feedback by the end of the month...
Australian’s New Budget Includes a Bitcoin Tax Cut
Australia’s latest national budget eliminates goods-and-services tax (GST) on bitcoin purchases. The cut, announced today by the Australian Department of the Treasury, brings an end to a years-long controversy over the way...