Binance has faced regulatory heat from several countries across the globe. The Seychelles-based cryptocurrency exchange has found itself being called to task by financial watchdogs in an increasing number of jurisdictions, triggering a number of banking institutions to halt payments to the site. To avoid the addition of Australia to its ever-widening list of regulatory […]
Australian Taxation Office
Australia Steps Up Its Cryptocurrency Focus By Urging Users To Adhere To Taxation Rules
Many countries across the globe have realized cryptocurrencies are here to stay as an asset. It has prompted these regions to draft new legislation so that digital properties can be closely controlled. Australia was the latest country to inform users that the cryptocurrency industry was not to be trifled with by issuing a strong warning […]