CryptoSMSF – Crypto SMSF News, Regulation, Risk and Tax

How to Find the Right Accountant for Cryptocurrency

Are you struggling to navigate the complex world of cryptocurrency accounting? Working with the right accountant can help ensure that you meet your tax obligations and comply with regulatory requirements. In this guide, we’ll show you how to find the right specialist accountant for cryptocurrency. Look for relevant qualifications, ask for referrals, consider fees and communication skills, and check for compliance with regulations. Follow these tips to find an experienced and trustworthy accountant to help you manage your cryptocurrency investments.

Read More »

A Guide to Finding the Right Crypto Tax Calculator in Australia

Are you an Australian crypto investor struggling with calculating your taxes? Look no further! This guide will provide you with all the information you need to find the right crypto tax calculator for your needs. We’ll explain why using a reliable tax calculator is crucial, provide you with a checklist of what to look for, and delve into the guidelines set out by the Australian Taxation Office (ATO) for cryptocurrency taxation.

Read More »

The Australian Senate’s Final Report on FinTech, Crypto and RegTech: Key Changes and Projected Outcomes

In December 2020, the Australian Senate’s Select Committee on Financial Technology and Regulatory Technology released its final report on the opportunities and challenges facing the country’s FinTech and RegTech industries. The report identified key changes that are needed to support innovation and growth in the financial services sector, including greater regulatory clarity and support for digital currencies. It also made a number of recommendations for regulatory and policy changes to support the growth of these industries in Australia. This article will detail the key changes and projected outcomes of the report, as well as provide references and quotes from the report itself.

Read More »

Cryptocurrency Scams on SMSFs: How to Protect Your Investments

Self-managed super funds (SMSFs) that invest in cryptocurrencies can be particularly vulnerable to scams and other fraudulent activities. To protect themselves, SMSF investors should consider the risks associated with cryptocurrencies, avoid relying on social media or cold calls, understand the risks of cryptocurrencies, work with a registered financial adviser, and take steps to ensure that their investments are secure. By taking these steps, SMSF investors can reduce the risk of falling victim to cryptocurrency scams and other fraudulent activities.

Read More »

How to Identify a Cryptocurrency Scam: Tips to Protect Your Investments

Cryptocurrency scams are a growing concern for investors, with billions of dollars lost to fraudulent schemes each year. However, by following the tips outlined in this article, investors can reduce their risk of falling victim to a cryptocurrency scam. It’s important to conduct thorough research, be wary of promises of high returns, check the credentials of the team behind the cryptocurrency, look for regulatory oversight, be cautious of unsolicited investment offers, watch out for pump and dump schemes, be cautious of malware and phishing scams, and use reputable wallets and exchanges. By taking these steps, investors can protect themselves and their investments from fraudulent schemes.

Read More »
Scroll to Top