Bitcoin Startup CoinJar Cites Tax as Influence on UK Relocation

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Australian bitcoin exchange and payment processor CoinJar has announced it is relocating its headquarters to the UK as of today.

The company's move has been rumored for some time, especially after the Australian Tax Office (ATO) announced in August that bitcoin trades involving Australia-based exchanges would be subject to the 10% Goods and Services Tax (GST).

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