Australians to be Able to Buy BTC & ETH at Newsagents

Bitcoin and Ethereum became closer to Australian people
02 March 2018   907

The Australian cryptocurrency exchange Bitcoin. com. au has launched a new service, with which the country's residents can purchase Bitcoins and Ether for Fiat. Since March 1, this service has become available in more than 1200 newsagents, reports 9Finance.

When your product is totally digital it can be hard to gain trust from consumers because there's no tangible product being handed over. Using newsagents provides consumers with a convenient and trusted way for investors to buy cryptocurrency. Traditionally, the only people who knew about Ethereum or wanted to buy it were those who already had bought Bitcoin. But now that cryptocurrency is more well-known we found that Ethereum's cheaper price point made it a more digestible value proposition for buyers. 
 

Rupert Hackett 

CEO, Bitcoin. com. au

 Bitcoin. com. au, which has been operating for a year and a half, is described on the site as "one of the first independent bitcoin-exchanges in Australia". Since March 1, the site also began to support operations with Ethereum for the first time.

To purchase crypto-currency in newsagents participating in the program, users only need to register their own wallet. During the purchase, the seller will scan the QR code, after which the corresponding amount of coins will be transferred within 20 minutes, Hackett added. The minimum purchase amount is AUD 50 (about $ 39). The Bitcoin. com. au commission is 5%.

Member of British Parliament Wants to Payl Tax in BTC

MP  comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes
11 December 2018   35

Eddie Hughes, a member of the UK Conservative Party, said that the state should make it possible to use Bitcoin when paying taxes and utilities. It is reported by The Daily Express.

Eddie Hughes, who represents North Walsall in parliament, calls himself a "crypto-enthusiast with amateur knowledge." According to him, the blockchain technology attracts a lot of attention, and therefore members of parliament "must understand it."

Eddie Hughes also said that he recently met with representatives of the Royal Society for Water Rescue, which accepts donations in cryptocurrencies, after which he came to the idea of ​​making it possible to use Bitcoin when paying municipal taxes and utilities.

It just feels like it gets talked about a lot, wherever you go in the UK, and as MPs we have a duty to understand it. 
 

Eddie Hughes

MP

Hughes comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes, which he also reminded in his interview within the publication.