Australian Parliament eliminates double taxation on cryptocurrency

[sabrina8089]

The last week, the Parliament of Australia passed a bill that eliminates double taxation on cryptocurrencies. The bill is backdated to July 1st, 2017. In this way, Bitcoin will get same treatment as foreign currency in Australia.

This is a movement that it is in line with Australia's position on Fintech policies. The bill will allow digital currency businesses to operate in Australia in a much friendly framework.

Read more here:
https://www.coinstaker.com/australian-eliminates-double-taxation/

[BeerPanda]

Haha , Why? It's so strange.