SoulWhisper
Sat Jun 08 2024
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5 answers
1393
Which country has banned cryptocurrency?｜Ghana, Lesotho, and Sierra Leone has bans, as do Egypt, Libya, and Morocco. In Latin America, Bolivia's Financial System Supervision Authority issued a resolution in 2014 prohibiting the use of Bitcoin and other digital currencies, citing a lack of consumer protection and the potential for money laundering.
Could you please tell me which countries have imposed bans on cryptocurrency? I've heard that Ghana, Lesotho, and Sierra Leone have taken such measures. Are there any other African nations that have done the same? Additionally, I've read that Egypt, Libya, and Morocco have also banned cryptocurrency. Could you elaborate on the reasons behind these bans? Moving to Latin America, I've come across information stating that Bolivia prohibited the use of Bitcoin and other digital currencies in 2014. Could you explain the reasons behind Bolivia's ban, specifically mentioning the lack of consumer protection and the potential for money laundering?
amelia_harrison_architect
Sat Jun 08 2024
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5 answers
744
Does anz allow cryptocurrency?｜To help protect you and your money, (based on information available to us at the time). This means that before you try to make payments to crypto exchanges, you'll need to disable your Crypto Protect setting. we block payments that we reasonably believe are being made to crypto exchanges
Does ANZ Bank permit cryptocurrency transactions? Given the security measures implemented by the bank, it seems that there are certain restrictions. Could you elaborate on whether ANZ allows its customers to engage in cryptocurrency-related activities? Specifically, does the bank facilitate payments to crypto exchanges? And if not, is there a way for customers to override these restrictions, such as disabling a Crypto Protect setting, to make such payments? It would be helpful to understand the bank's position on this matter in order to make informed financial decisions.
CryptoLord
Sat Jun 08 2024
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7 answers
1264
What is the status of crypto in Australia?｜Is cryptocurrency legal in Australia? .Bitcoin (BTC) and other cryptocurrencies are legal in Australia and are treated as property
Hello, could you please tell me more about the current status of cryptocurrency in Australia? I'm curious to know if cryptocurrency is legal in this country. I understand that Bitcoin (BTC) and other cryptocurrencies are treated as property in Australia, but I'd like to have a deeper understanding of the regulatory framework surrounding them. Could you elaborate on this? Are there any specific regulations or policies that govern the use and trading of cryptocurrencies in Australia? Thank you for your assistance.
InfinityEcho
Sat Jun 08 2024
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7 answers
1312
Is crypto taxed in Australia?｜. In crypto investors' ideal world, taxes wouldn't apply to digital currency; however, as the federal government considers your crypto s to be assets, they fall under the Capital Gains Tax (CGT) umbrella.Yes, you must pay tax on your crypto if you hold it as an
Is crypto taxed in Australia? This is a question that often perplexes crypto investors. Ideally, taxes wouldn't be levied on digital currencies, but reality differs. Given that the Australian federal government views cryptocurrencies as assets, they naturally fall under the ambit of the Capital Gains Tax (CGT). So, the answer is yes - if you hold crypto assets, you are indeed liable to pay taxes on them. But what exactly does this mean for investors? How does the CGT apply to crypto holdings? And are there any exemptions or special considerations that investors should be aware of? It's crucial to understand these nuances to ensure compliance and maximize returns.
Alessandro
Sat Jun 08 2024
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5 answers
1645
Do cartels use cryptocurrency?｜The drug cartels and the traffickers sell their deadly drugs in the darkest marketplaces, and . And drug kingpins buy weapons and cars and make payoffs, again, using crypto.they get paid in crypto to the tune of about one and a half billion dollars in 2022
Could you elaborate on the involvement of cartels in the realm of cryptocurrency? It's intriguing to hear that drug cartels and traffickers engage in the sale of their hazardous narcotics in shadowy marketplaces. Could you further explain how these illegal organizations utilize cryptocurrencies in their operations? Specifically, how do drug lords purchase weapons, cars, and make payments using digital currencies? Moreover, what's the estimated amount of cryptocurrency these cartels received in 2022? It would be fascinating to gain a deeper understanding of this intricate connection between the criminal underworld and the world of cryptocurrency.
