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Cryptocurrencies Cybercrime

Cryptocurrencies Cybercrime

From June this year, 26% of Australians considered cryptocurrency as a worthwhile investment, and over 36% have at one point considered buying cryptocurrency as an investment. The cryptocurrency space is often characterised by record highs followed by lows. Many...
Can I claim my crypto losses?

Can I claim my crypto losses?

The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only reported in your tax return when you dispose of it – you sell it, convert it to...
Tax and Normalisation of Cryptocurrency

Tax and Normalisation of Cryptocurrency

In early November, the Commonwealth Bank announced that it is now Australia’s first bank to offer customers the ability to buy, sell and hold crypto assets, directly through the CommBank app. You know when the banks come on board, cryptocurrency has become normal....