Bitcoin Startup CoinJar Cites Tax as Influence on UK Relocation
Australian bitcoin exchange and payment processor CoinJar has announced it is relocating its headquarters to the UK as of today. The company's move has been rumored for some time, especially after the Australian Tax Office (ATO) announced in August that bitcoin trades involving Australia-based exchanges would be subject to the 10% Goods and Services Tax (GST). In a statement posted online, CoinJar described the move as "part of a global expansion that will will provide customers more freedom to buy, sell and use bitcoin as a global digital currency, adding: "Aside from catalysing CoinJar's....
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CoinJar officially announced that they had incorporated as a UK company and would be relocating. Although their company will move, a strong presence will remain in Melbourne. This group will focus on continuing Bitcoin education, setting up meetup groups and interacting with customers. The UK has exempted digital currency trading from value added tax (VAT). CoinJar relocates and cites the alleviation of Australia's 10% Goods and Services Tax (GST) as the catalyst for change. This announcement coincides with CoinJar's online wallet revamp. CoinJar offers services to manage online finances.....
Asher Tan tells us what makes his company - CoinJar - different to other bitcoin wallets and what he believes is the biggest challenge for the digital currency. CD: Why did you decide to set up CoinJar? AT: I've been working on startup projects for about a year. As much as I would like to take credit for forming the CoinJar team, it really formed itself. All three members were keen to work with each other in one way or another, and bitcoin was the common denominator among us. Getting accepted in the AngelCube venture accelerator program gave us a great reason to leave our former jobs and....
CoinJar is getting into the holiday spirit, or as they call it, “the bitcoin-giving spirit.” The personal finance startup is running the CoinJar Bitcoin Donation Showdown this Christmas season to help raise funds in support of two non-profit organizations. Dubbed ‘Puppies vs. Computers,’ the CoinJar team has created a friendly competition between two of their favorite Australian non-profits, PetRescue and Electronic Frontiers Australia. The two organizations will face off in an attempt see which one can raise the most bitcoin donations. The CoinJar Bitcoin Donation Showdown team is....
CoinJar has clarified that only the iOS version of its new app is available today. Anglo-Australian bitcoin exchange CoinJar has released a new mobile app, now called 'CoinJar Touch', saying new user-friendly features will speed up bitcoin payments and attract new users to digital currency. CoinJar's Samuel Tate said the new app is in response to user requests for transfer in and out of bitcoin on its exchange "on-the-go", and to manage their payments and contacts lists with greater ease. Users can send instantaneous payments to other CoinJar accounts by using Twitter-style user names....
Australian bitcoin exchange CoinJar has for a while had their wallet application up-for-grabs on Apple's iOS App Store. Interestingly so, because most of its competitors' apps with similar (if not the same) functionality had already been removed for violating Apple's money-transmitting policy. But not CoinJar, their resilient little app became the lone soldier on a battleground. But no longer, it appears. CoinJar today announced their application will be pulled from the iOS App Store by the end of this week. Apple reportedly gave CoinJar an ultimatum: remove the receive and transmitting....