Crypto industry disappointed as Australia looks to enshrine tax rules

The cryptocurrency industry said on Wednesday it was disappointed with Australia’s decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an asset. This means […]

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Dancing in the dark

A look at the day ahead in European and global markets from Vidya Ranganathan The Federal Reserve’s blackout period has markets grasping at straws — home prices, sentiment indicators, Microsoft’s cloudy earnings and any little signs of economic weakness –and pretending the Fed will go easier on future tightening. There’s an element of complacency in […]

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