It is too early into bitcoin's development in Australia to make changes to the tax laws around the cryptocurrency, according to the Australian Treasury Department.
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Australian online accounting and legal software player Reckon has seen an 18 percent increase in cash flow for the year ending 2014, with the company attributing part of the boost to its new subscription model.
A partnership between Australian-listed m-commerce player 99 Wuxian and Chinese bankcard company China UnionPay will see the launch of a new cloud-based point-of-sale platform in 2015.
Chairman of the Australian Digital Currency Commerce Association Ronald Tucker has called for a new Senate inquiry into digital currencies to result in a 'correction' of the government’s current taxation treatment of cryptocurrencies such as bitcoin.
Australian e-commerce startup Kounta is making its move into the North American business software market, with the launch of its point-of-sale platform in the United States.
Australian online freelancing marketplace Freelancer is moving to corner the online payments market, striking a deal to acquire online escrow service provider Escrow.com for $7.5 million.
Australian retailers are lagging in mobile presence, according to new research by Frost & Sullivan, which found that only 21 percent of retailers surveyed had developed a mobile app for customers.
PayPal has revamped its mobile card reading technology, releasing its new PayPal Here Bluetooth-enabled credit card reader for smartphones in Australia.
Australian online local services platform operator Oneflare Group estimates that it will now see over 1 million unique visitors each month, following its acquisition of online customer review website WOMO.
California regulator the Department of Business Oversight has refuted claims made by Coinbase that its new bitcoin exchange is regulated.