Latest Crypto, Block, & NFT news

Finance

Finance

What happens to Australia’s money now the Queen has died? And why are leaders’ faces on coins anyway?

Of all the changes that lie ahead now the queen has died, one of the most conspicuous, and to some the most jarring, will be that our new coins will soon be adorned with a portrait of King Charles III.
Tradition holds that each British monarch’s portrait on coins should face in the opposite direction to their predecessor. George IV faced left, Elizabeth II faced right, and thus we expect Charles III will face left.

Read More
FinanceNFTs

NFTs and Tax

Australian Tax Law is complicated, it changes every day. It changes through legislation, taxation rulings, court cases, and then there’s The Commissioner of Taxation Powers. Let’s face it the Australian tax system is greedy, the ATO want your money, and for good cause. Our taxes go towards, our health system, our roads, our education, our poor, and many more public services. So it should come as no surprise that Treasury decided to tax the income you make for your Non Fungible Tokens NFTs. So, let’s have a look at NFTs and tax!

Read More