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  • The US government has been seriously studying bitcoin for about two years now. The FBI knows how to seize the digital currency. The Marshal’s Service knows how to sell it. The IRS knows how to tax it. And now, the Federal Reserve should copy it. So says James Angel, a professor of economics at Georgetown […]

  • Earlier today the ATO released its long awaited public guidance on the Australian tax and GST treatment of bitcoin and other crypto-currencies.  This guidance was originally scheduled to be released on 30 June 2014.  It was delayed while the ATO considered further submissions and sought advice from legal counsel.  The issues raised in the ATO’s […]

  • How would you like to pay for that? Cash, credit or bitcoins? While the use of Bitcoin may not presently be widely accepted like cash or electronic funds transfers, it is undeniable that the interest and market opportunities for bitcoin are rapidly increasing. Bitcoin is a decentralised peer-to-peer payment system that exists virtually and is […]