FastBitcoins Expanding Bitcoin Buying Services To Australia
Bitcoin investment platform FastBitcoins has announced an expansion to Australia to meet growing demand for BTC investment there.FastBitcoins, a platform that lets people invest in BTC online or in-person through prepaid vouchers, has announced that it will expand its platform to Australia and let customers there purchase bitcoin directly through their bank accounts.An announcement shared with Bitcoin Magazine explained that the move was motivated by a growing interest in bitcoin among Australians and that it was enabled through a partnership with POLi, a local online debit payment....
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Australia's leading bitcoin services company, CoinJar, published a blog post on Tuesday noting that a recent tax guidance from the Australian Tax Office (ATO) issued in August will impact the buying and selling of bitcoin on the service. According to the guidance, the supply of bitcoin is taxable for GST - the goods and services tax. What this means for consumers depends on the situation. Here's how CoinJar says it's all expected to play out: Buying bitcoin. As per the guidance, when buying bitcoin is Australia, the GST is applicable. Therefore, any price quoted to the buyer should include....
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Digital currency exchange and wallet provider Coinbase has extended bitcoin and ether buying to customers in Canada and Singapore, within days after announcing the same feature to Australian users. Firmly in its global expansion phase, bitcoin and ether exchange and wallet Coinbase has now enabled its bitcoin and ether buying feature to customers in Canada and Singapore. Users in the two countries will be able to purchase the cryptocurrencies instantly with their debit and credit cards. Canadian users will be restricted to buying bitcoin and ether while not being to sell them just yet,....
CEO Dan Schulman said last week the company would add crypto buying, selling, and custody features to "Venmo and select international markets" in 2021. Residents of the United Kingdom will be the first people outside of the U.S. who are able to use PayPal for buying and selling crypto. According to journalist Carl Quintanilla, the payments platform is planning to expand its crypto offerings to the U.K. in the coming months. PayPal also plans to make crypto available for Venmo wallet holders before the end of Q2 2021. Other non-crypto services include expanding Venmo internationally before....