Australian Tax Industry Calls for Voluntary Bitcoin Register

Summary: Australian taxation body The Tax Institute is calling on the government to establish a voluntary bitcoin register to de-anonymise ownership of the digital currency in Australia.

Australian taxation professionals' association The Tax Institute has proposed the establishment of a voluntary bitcoin register on which individuals and companies could register a bitcoin public address, with the aim of de-anonymising ownership of the digital currency in Australia.

The Tax Institute suggested the move in its submission to the Senate Economics References Committee inquiry into an appropriate framework for digital currencies in Australia.

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