Topic | Cryptocurrencies | The Sydney Morning Herald

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Cryptocurrencies

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Bought an NFT last year? The Tax Office wants to know
Analysis
Income tax

Bought an NFT last year? The Tax Office wants to know

The tax treatment of non-fungible tokens (NFTs) are now on the radar of the Australian Tax Office.

  • by Nicole Buckler

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World’s biggest crypto exchange banned by Westpac, cut off by provider

World’s biggest crypto exchange banned by Westpac, cut off by provider

Binance Australia has been kicked off a major payments service and banned by big four bank Westpac, leading it to block customers from depositing or withdrawing funds.

  • by Dominic Powell
What to know about the ATO’s coming crackdown on crypto
Analysis
Analysis

What to know about the ATO’s coming crackdown on crypto

With tax time fast approaching, cryptocurrency traders and holders should be aware of some important developments in the tax space.

  • by Nicole Buckler
FTX chief Sam Bankman-Fried seeks to dismiss fraud charges

FTX chief Sam Bankman-Fried seeks to dismiss fraud charges

The founder of the collapsed cryptocurrency exchange claims that FTX and its lawyers had become de facto agents of US prosecutors, building the criminal case against him.

  • by David Yaffe-Bellany and Matthew Goldstein
Hundreds of crypto ATMs popping up in suburban shopping malls

Hundreds of crypto ATMs popping up in suburban shopping malls

ATMs allowing people to buy bitcoin and other crypto in newsagencies, convenience stores, service stations and shopping centres are rapidly increasing.

  • by Caitlin Fitzsimmons
What happens to your crypto when you die?

What happens to your crypto when you die?

Every year, millions of dollars worth of cryptocurrency vanish, locked away forever because the people who hold them pass away.

  • by Jie Yee Ong
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‘It was instantaneous’: Chasing the crypto criminals
Analysis
Naked City

‘It was instantaneous’: Chasing the crypto criminals

Without entering a building, pointing a gun or driving a getaway car, the crooks escaped with $135 million. None of the money has been recovered.

  • by John Silvester
‘Long way to go’: Could the price of bitcoin really reach $150,000?
Analysis
Analysis

‘Long way to go’: Could the price of bitcoin really reach $150,000?

As the finance world continues to be rocked by the banking crisis, bitcoin and crypto investors seem to have emerged from the drama in a far better position.

  • by Tom Mitchelhill
Central bank digital currencies are the latest front in the culture wars
Opinion
RBA

Central bank digital currencies are the latest front in the culture wars

Could a central bank use a digital currency to ration petrol, or stop Americans buying guns? A prospective US presidential candidate thinks they would.

  • by Stephen Bartholomeusz
‘Psychological magnet’: Bitcoin rallies past $US30,000 mark

‘Psychological magnet’: Bitcoin rallies past $US30,000 mark

Underpinning the cryptocurrency’s comeback are expectations that the recent US banking crisis will force the Federal Reserve to hit pause on rate increases.

  • by Vildana Hajric, Carly Wanna and Anna Irrera
FTX failure rooted in hubris and greed, debtors report says

FTX failure rooted in hubris and greed, debtors report says

Sam Bankman-Fried’s digital-asset empire had a “tendency to lose track of millions of dollars in assets”, according to the first report into its collapse.

  • by Victoria Cavaliere