Living Room of Satoshi Packs It In

Living Room of Satoshi, an Australian company which enabled users to pay BPAY enabled bills using Bitcoin, has shut its doors due to concerns regarding the recent Goods and Services Tax ruling from the Australian Tax Office. The company had only recently won "best pitch" at the Future of Payments conference held in Sydney, Australia on the 19th of September. Continue reading

Melbourne Group Works For Bitcoin ASX Listing

The "Bitcoin Group" of Melbourne Australia aspires to list on the Australian Securities Exchange reports the Sydney Morning Herald. The Group was founded by Sam Lee and to this point funded by Chinese fire safety mogul Allan Gao. The prospectus will be filed October 22nd with the offer opening October 29th. In related news the Australian Senate has on open call for submission related to its inquiry on Bitcoin regulations which closes November 28th. Presently the group focuses on arbitrage, which they admit will face shrinking returns if more market makers compete in this area. Continue reading

James' Home Services To Begin Trialling Bitcoin

James' Home Services, which is an Australian cleaning and home services business, is to begin trialling bitcoin payments. The company recently released an app which allows customers to book house cleaning, lawn mowing plus more from their phone or tablet and pay with credit card or cash. Bitcoin payments are currently being trialled and are due to come online soon. Continue reading