Not exact matches
While the global community is expressing its concerns
regarding the negative impact that
cryptocurrency mining has on the environment, the project aims to open efficient cryptomining
operations globally through using exclusively green energy to mine currencies like Bitcoin, Bitcoin cash, DASH, and Litecoin on an industrial level.
The proposed legislation contained provisions focused on the taxation and oversight of
cryptocurrency exchanges and even included a provision
regarding domestic mining
operations.
While the majority of the two drafts have reached a consensus
regarding crowd - funding using
cryptocurrencies, they still reportedly take contradictory stances on the status of
cryptocurrency exchange
operations.
Will Day, the ATO deputy commissioner, has stated that the extension of Australia's anti-money laundering and counter-terrorism financing rules will result in «increased transparency» with
regards to the
operations of
cryptocurrency traders.