As crypto and blockchain continue to take the world by storm, a number of offshore financial centres have sought to position themselves as jurisdictions of choice for those looking to operate within the sector. The British Virgin Islands is no exception. According to a report last year
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Bitcoins is the innovative digital currency that offers players safe and easy way to manage their money when placing bets from their casino accounts.
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The ATO has released its anticipated guidance on crypto-currencies, saying Bitcoin or other digital currency payments will be taxed like a non-cash barter transaction.
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