Published on July 21st, 2015 | by bitcoin0
Deloitte to Work with Australian Bitcoin Lobby on Regulatory Changes
Deloitte has announced its partnership with the Australian Digital Currency Commerce Association (ADCCA) to “work on the strategic, tax and regulatory changes that will need to happen” in Australia.
The focus of the group is due to comprise “creating accounting practices” for businesses dealing with Bitcoin and other cryptocurrencies.
Speaking about the news, Deloitte Australia partner Jonathan Perkinson underlined the firm’s long standing interest in the Australian digital payments space.
“Deloitte has had an interest in digital currencies for quite some time, so this was a great opportunity to get involved.
The Australian inititiate in the meantime is still very much in its infancy, Deloitte Australia Director Taralyn Elliot said.