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Finance Resources
Legal Ownership of NFTs
NFTs are a new and emerging tool that has significantly advanced the digital world. NFTs however can be complicated in the legal ownership aspect especially as they differ depending onRead More
Australian regulations around cryptocurrency
Australia may have a rather friendly stance on cryptocurrency however they hold a non-interventionist approach in order to regulate the control and use of cryptocurrency. Understanding Australia’s regulation around cryptocurrencyRead More
Can I buy a House with Bitcoin?
Absolutely! Buying a house with bitcoin is possible … although there haven’t been all that many instances of it. Technically bitcoin is not recognised as a legal tender by theRead More
What is the Pari Passu Principle?
The Pari Passu principle holds that any creditors in an insolvency process will equally share any assets that are available, proportionally to the debt owed to them. It is anRead More
Are there AFSL Exemptions?
If you are a business that provides financial services and financial products then you are generally required under the Corporations Act 2001 (Cth) to hold an Australian financial services licenceRead More
Who Uses an AFSL?
An Australian Financial Service Licence (AFSL) allows you to conduct a financial services business. Under the Corporations Act 2001 (Cth) you are required to use an AFSL if you areRead More
How Do I Obtain an AFS Licence?
In order to legally conduct a financial services business, you need an Australian financial services (AFS) licence. An AFS licence allows you to carry out a range of activities includingRead More