After ruling Bitcoin as an intangible asset just a year ago the Australian Senate Economics References Committee now feels that Bitcoin should be treated as a regular currency for Goods and Services Tax purposes This is due to many emerging enterprises leaving Australia for other countries with more progressive cryptocurrency regimes

New cryptocurrency exchange has reportedly raised 275 million from investors which include NASDAQ Ventures and Fidelity Investments The platform will offer cryptocurrency trading on spot and future markets starting next year

Cryptocurrency adoption throughout the world is growing quickly Panama follows in the footsteps of other Central American countries like El Salvador Lugano and Honduras Prospera

After ruling Bitcoin as an intangible asset just a year ago the Australian Senate Economics References Committee now feels that Bitcoin should be treated as a regular currency for Goods and Services Tax purposes This is due to many emerging enterprises leaving Australia for other countries with more progressive cryptocurrency regimes