Officials from the Australian Tax Office and the Australian Securities and Investment Commission have been invited to speak at Australia’s first global Bitcoin conference, which is to be held in Melbourne on the 28th and 29th of March, 2014.
The event, which is hosted by 21st Century Education Group of Companies decided to invite speakers from the ATO and ASIC following a news report that the government bodies were looking to regulate the crypto currency Bitcoin.
CEO of 21st Century Education Group of Companies, Jamie McIntyre says it is a good thing that ASIC and ATO want to regulate the digital currency and he says that he supports their initiative.
“It is only a matter of time before it happens”, says McIntyre.
“If they are planning to regulate Bitcoins, it means that they see a future for the digital currency. I am all for effective regulation and look forward to seeing it happen,” he said.
Monash law professor Dr Rhys Bollen will also be speaking at the event about potential regulation around Bitcoin.
Over a dozen speakers are flying in to speak at the conference this March. Some of the names include Jordan Kelley, CEO and founder of Robocoin; Leon-Gerard Vandenberg- expert in Defence/Technology development, fund raising & commercialisation; Jeffrey Tucker-CEO of Liberty.me and publisher of Laissez Faire Books.
To be held at the Melbourne Convention Centre inside the Trading Property and Franchise Expo (www.tpfexpo.com.au), the event will commence at 9:30 AM and will go on until approximately 6:30 PM, following which there will be Global Bitcoin Networking drinks.
Tickets for the Bitcoin conference start at $ 250, which includes free access to the Expo as well.
McIntyre believes that realistically the value of Bitcoin could go up to $ 10,000 in the next couple of years.
21st Century is also the parent company for 21st Century Bitcoin Exchange; an Australian exchange founded by McIntyre and US Company International Operations LLC. (www.bxe.com.au)
McIntyre partnered to launch a Bitcoin Exchange, amongst several other Bitcoin start-ups due to high Bitcoin demand from his 500,000-investor clients.
Recently it was reported that along with other investors, he has established a company called Australian Bitcoin ATMs. They are planning on bringing 100 Bitcoin ATMs to Australia starting with Melbourne in February followed with Sydney, Adelaide, Perth, Brisbane and Auckland in March. (www.australianbitcoinatms.com.au)
The entire rollout of the 100 ATMs is expected to be within the next 12 months.
McIntyre also recently launched the Bitcoin E-Network, which will provide online e-learning educational courses about Bitcoins via a worldwide online direct sales channel, which will accept both Bitcoins and traditional currencies and offer discounts to buy and sell Bitcoins via www.bxe.com.au
21st Century Education is setting up a Bitcoin Education Resource Centre at 222 Kingsway South Melbourne. The location will also feature a Bitcoin ATM.
In Australia, 21st Century Education Group of Companies has been one of the most vocal advocates of the digital currency. They were one of the first organisations to start accepting payments in Bitcoins.
Recently it was announced that they are offering 25% discount on some of their products if purchased by Bitcoin. They have also agreed to pay some of their employees’ salaries through the digital currency.
For More Information Visit: www.btcmelbourne.com.au