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Australian tax authorities warn against investing a lot of retirement funds in cryptocurrencies

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The Australian Tax office (ATO) has started to send warning letters to almost 18,000 Self Managed Super Funds (SMSFs), cautioning against hedging 90% of retirement funds in a single asset class, reported The Australian. SMSFs give an individual the power to choose how they want to invest his/her retirement funds and it currently boasts a […]

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