Federal Budget 2024: Australia has made its future, but leaves small...
Treasurer Jim Chalmers presented his third Federal Budget on 14 May. The small businesses temporary instant asset...
READ MORECrypto must get ahead of regulation or risk its reputation
Australia will soon be the first country in the world to review crypto reforms and create a regulatory and licensing framework for the cryptocurrency industry.
To date, it has been broadly unregulated despite ATO estimates that over 1 million Australians have interacted with the crypto ecosystem in some way since 2018, and findings by the ACCC’s Scamwatch that more than half of financial losses to scams are crypto-related.
The federal Treasurer Jim Chalmers recently announced the process would start with “token mapping” analysis, which will group types of crypto assets based on their technological features and underlying code.
Read more at Accountants Daily
Previous
Rise in unemployment positive sign, say business groups
Next
$100m to help NSW primary producers recover from floods
IFAC accelerates engagement on anti-corruption and anti-money...
As evolving threats such as climate change, artificial intelligence, and geopolitical conflicts put increasing...
READ MORE
Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORE