cryptocurrency

ASX down 0.9%, Bitcoin falls 20%

Blistering start slows, ASX down 0.9%, bond rates higher, Bitcoin falls 20%  After a blistering opening to the year in which the ASX200 (ASX:XJO) added 2.6%, attention once again turned to the economic outlook, sending the ASX200 down 0.9% on Monday.  Every sector but

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A Q&A with Luke Laretive

We are pleased to speak with Luke Laretive of Seneca Financial Solutions this week. Luke Laretive must be one of the most prolific sharemarket writers in the market, filling LinkedIn with insightful weekly insights. Laretive offers a unique view of

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Crypto exchange launches tax calculator

KPMG and the cryptocurrency exchange operator Independent Reserve have launched an online tool to help digital currency traders and investors get a better understanding of their tax position. Crypto Tax Estimator was developed by KPMG. Available on Independent Reserve’s platform,

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300,000 Australians trade digital currencies

Australian digital currency exchanges have more than 300,000 customers, with more than 232,000 of registering in 2017, according to new research. A report prepared for the Australian Digital Commerce Association by Accenture, Industry of the New, says that in February

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Cryptocurrency service disputes growing

There was a big increase in complaints about cryptocurrency service providers in 2017/18, according to the Financial Ombudsman Service, with the most common issues failure to follow instructions, poor disclosure and inappropriate advice. The FOS annual review says cryptocurrency disputes

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Cryptocurrencies a start-up funding tool

The investment case for cryptocurrency is moving on from being a speculative play to more of a venture capital focus, as a growing number of start-up entrepreneurs move into the space. Daniel Weinberg, chief executive of blockchain technology company Kenetic

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Merchants unsure about accepting crypto payments

As the Bitcoin network nears its tenth anniversary, the great majority of merchants are unsure about whether they will accept digital currency for payments. Acceptance of digital currency remains largely off the agenda for the great majority of Australian merchants,

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