Australia Spares Crypto in AUD $10,000 Cash Limit Draft Squeeze

2019-7-29 15:59

A draft legislation in Australia is seeking to prohibit the use of cash in making transactions for amounts exceeding $AUD10,000 ($6,900) has spared cryptocurrencies. The goal of imposing the cash payment limit is to prevent tax evasion, money laundering and other illicit activities.

Among the reasons the Australian government has given regarding the decision to […]

The post Australia Spares Crypto in AUD $10,000 Cash Limit Draft Squeeze appeared first on CCN Markets

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cash limit australia draft aud crypto spares

Источник: ccn.com

cash limit → Результатов: 22


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Australia Wants To Limit Cash Payments Not Cryptocurrency

Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a new set of preliminary guidelines that govern the size of cash-based currency payments.

2019-7-29 09:21


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German Central Bank Presidents Warns of Digital Currency Blaze

Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019.   More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More.

2019-5-30 21:00


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Are you a Bitcoin enthusiast who also likes to travel? There are a few locations around the world where you can enjoy the freedom of cryptocurrency payments while taking in beautiful sights. Bitcoin Making Traveling Easier These days, with Bitcoin and other cryptocurrencies, it is becoming easier to travel to certain destinations without having to worry about overseas travel cash limit.

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