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25.01.2022 "The principles of cryptocurrency essentially lie in the concept of trust. At the moment, citizens have little choice but to trust the sovereign's money; the notion of a promissory note is still very much alive." The AFR poses some interesting questions and highlights the inherent issues that have arisen with a market built upon a structurally disruptive technology.

23.01.2022 It appears as if cryptocurrency ICO's are not on the immediate radar of Australian regulators. Given the amount of capital being raised in record breaking times (tens of millions in minutes) this may not hold true for long. #cryptocurrency #australia #ICO

23.01.2022 The number of hedge funds entering the cryptocurrency space is exponentially increasing. "I’ve been in the hedge fund space since 1998, and I’ve never seen anything like it in volume of launches in a particular area. It’s just crazy." - Corey McLaughlin CPA, managing member at Arthur Bell

22.01.2022 "Mizuho, one of Japan’s three ‘megabanks’, has completed a blockchain trial of a trade transaction involving an export of a shipment of goods from Japan to an Australian importer. All related processes, from issuing the letter of credit to delivering trade documents were completed entirely via a digital platform using blockchain, the banking group’s FinTech arm revealed. The transaction also saw participation from insurer Sompo Japan Nipponkoa Insurance and the Marubeni Corporation, a Japanese trading conglomerate."

22.01.2022 What is Bitcoin Cash (BCC) and what are some precautions you can take heading in to August 1 to make sure you aren't impacted negatively. #bitcoincash #BCC

22.01.2022 "Vietnam's prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment by 2018."

18.01.2022 "Whether you would argue it was strategic, opportunistic, or simply defensive as a form of risk management, they are sending the message that they will be involved." #cryptocurrency #bitcoin #blockchain #ethereum

18.01.2022 Our cryptocurrency insights release looks ahead at this weeks upcoming ICO's: Suretly When: 11 July What: Crowd vouching platform. ... Where: ico.suretly.com Digital Developers Fund When: 11 July What: Crypto assets fund. Where: digitaldevelopersfund.com InsureX When: 11 July What: Insurance marketplace aimed at institutions. Where: insurex.co Dent When: 12 July What: Global mobile bandwidth marketplace. Where: dentcoin.com For a more in depth analysis visit our subscription page at: cryptovisum.com.au/product/subscription/ #cryptocurrency #suretly #insurex #dentcoin

17.01.2022 The total cryptocurrency market capitalization has begun to make decent strides into recovery territory, climbing back to $93B (USD) from a low of $61B (USD) just 7 days ago. This is on the back of a reduction in uncertainty surrounding the future of Bitcoin. #cryptocurrency #bitcoin

17.01.2022 Switzerland’s regulatory authorities are continuing to make huge strides in cementing the European nation as the home of blockchain startups. Dubbed the ‘Crypto Valley’ - a small stretch of land from Zurich to Zug now houses some of the most successful crypto startups including structurally important organizations such as the Ethereum Foundation. This momentum has led to the amendment of the Banking Ordinance by the Federal Council on 5 July, further easing the ability of bl...ockchain startups to thrive without the need of traditional financial institutions and VC’s. The amendment (which comes in to effect 1 August) will further reduce the barriers to market entry for fintech firms allowing entities to operate without the requirement of registering with the nations regulatory authority. The global regulatory space for crypto has traditionally seen a conservative and restrictive regulatory environment, particularly in the US and China. However, the momentum seems to be shifting. #cryptocurrency #ethereum #cryptovalley #blockchain

15.01.2022 "On the one hand we have the banker who believes their world is untouchable. On the other we have the tech minds that hold both the technical ability (and working towards the technological hardware) and the political desire to bring that world down. If APRA want to continue to maintain integrity in a true capitalist world, they will need to address the existence of this arrogance, but that may now be beyond its capabilities. Once a technology presents the platform for an alternative system that is now easier and cheaper to use, it will be very hard to forcefully stop and no amount of confidence can change that resulting to mere arrogance." Read more: https://medium.com//the-arrogance-of-capitalism-blockchain #blockchain #capitalism #bitcoin #ethereum

11.01.2022 www.cryptovisum.com.au is now live. See how we can help you and your business integrate into the #cryptocurrency revolution.

07.01.2022 "It shouldn’t be a mystery that we have a situation of friction." www.CryptoVisum.com.au

07.01.2022 "The Venezuelan authorities understood that cryptocurrencies are simply unstoppable and are going to change forever the way we do business in our world." #cryptocurrency #venezuela

05.01.2022 Will you pay tax on your Ethereum profits? Well it depends. The latest guidance issued by the Australian Taxation Office (ATO) on this topic is almost three years old and it is yet to clarify many areas that although may not be such an immediate problem for the Taxation Body of Australia, this writer believes very likely, it soon will be. Online communication platforms and forums of the like have absolutely no shortage of common tales of financial windfalls from dealing in Cr...ypto currency trades. As it stands, the Taxation impact is not that straight forward as the guidance really implies in its tone. The crypto currency market has extrapolated its capacity and interest is pouring in. I expect that as more and more mainstream interest trickles in, our regulatory bodies will take a much more active (and probably more aggressive) approach to some form of control. This piece in no way is able to answer such a question to your tax situation. This will require more of an understanding of the transaction you undertook and the numerous, precise facts behind what happened. What we can say is don’t underestimate the ATO Commissioner’s ability to capture a space he may or may not fully yet understand. Yes, the Blockchain platform is more complicated than most could care to explain in simple terms. However, it’s not to say that it is being ignored. This is definitely a space that is being watched very carefully, and whilst this writer cannot confirm the extent to which the Australian regulatory bodies are ready to release their stances, policies, guidances, or legislation, it is understandable that it’s a very complicated area with precise understanding needed before impactful decisions can be made. In the meantime CryptoVisum will be keeping abreast with all regulatory information updates, offering opinions and general commentary as it eventuates. #cryptovisum #bitcoin #ethereum #ETH #cryptocurrency #tax

04.01.2022 Good read from the New York Times. #cryptocurrency

03.01.2022 Bitcoin Cash (BCC) futures are currently priced at $790USD on HitBTC ahead of the fork in August 1. What are your thoughts on BCC? #BCC #BitcoinCash

03.01.2022 CBA has been making headlines recently on the serious topic of Identification. This was shocking as the Australian banking industry has traditionally been very strict when it comes to such prudent measures. Nevertheless, shortfalls have been highlighted. Are these the signs that blockchain advocates have been waiting for? Well, Australia Post is one company that may be associated with a perceived outdated product, but there is no doubt that they have moved on from merely delivery of mail with their development of Digital ID. Whilst in development since early 2016 customers are now starting to sign up with discussions ongoing with many more organisations, including interaction with digital currency service CoinLoft. They have estimated that ID verification costs amount to around $11 Billion each year.

01.01.2022 In recent news, New Hampshire passed a new bill (New Hampshire House Bill 436) to take effect next week, exempting Bitcoin from regulatory action. On-going, live Bitcoin businesses will not be required to register as money transmitters. It was a move that went against previous efforts to tighten control over digital currencies, and one that sees the apparent growing libertarian population of the state satisfied with regulatory progress.