Australian Government: Welfare Applicants Must Declare Bitcoin Assets

By November 15, 2014Bitcoin Politics

Australia Parliament Building Canberra A small addition to a pension application form provoked interest in Australia yesterday, with its request that applicants declare their "cyber currency" assets such as bitcoin.

A printed reference to bitcoin value in a government-issed document such as this, according to a digital currency legal expert, "legitimizes the concept of digital wealth beyond a niche area".

On page 14 of the application form published by the Department of Human Services (DHS), bitcoin […]

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