Upcoming Event:Â Bitcoin Melbourne - The Bitcoin Group IPO Journey & A Regulatory Update
Bitcoin Group - The IPO Journey
Local Melbourne Bitcoin miner, Bitcoin Group, is set to become Australiaâs first Bitcoin mining operator to publicly list on the ASX through an IPO. They currently produce approximately 1.45% of the global mining output and operate 5.3 peta-hashes of mining hardware in seven mining sites across China, Iceland and Australia.
Bitcoin Group aims to raise $20 million from the listing early in September and plan on using the transparency and security that comes with being a publicly listed company to bring a greater amount of attention to the Bitcoin Industry.
We invite you to join us as we learn more about the motivations that have driven the Bitcoin Group towards an IPO and to hear about the trials and tribulations that come with embarking on such a monumental journey.
More specifically, we will hear about:
⢠ the reasons why cornerstone investors decided to place their confidence in them;
⢠the process of dealing with ASIC; and
⢠some of the other challenges faced when listing a company on the ASX ticker.
Reuben Bramanathan - An Australian Bitcoin Regulatory Update
As most who are involved in the Bitcoin startup community know, the way in which the law interacts with Bitcoin is complex and often times perplexing.
This month we're also joined by Reuben Bramanathan to give us an overview of the current regulatory landscape here in Australia for Bitcoin.
Reuben is a Senior Lawyer at Adroit Lawyers. Â He is a lawyer and chartered tax adviser. Â Reuben focuses on tax and legal issues for startups and small businesses. Â His expertise includes dealing with regulatory and tax issues for Bitcoin and Digital Currencies startups. Â
Reuben was involved in consultation with the ATO leading up to the release of the ATO's guidance on the taxation of Bitcoin. Â He is also the host of Sydney Bitcoin Professionals meetup group.
6.30pm: Drinks and networking on the deck of MBTC
7.00pm: Bitcoin Group IPO Journey
7.30pm: Reuben Bramanathan - Bitcoin Regulation Update
8.00pm: Conclusion Of Proceedings
8.00pm - 9.00pm: Drinks and networking on the deck of MBTC
-- Alan & The Bitcoin Melbourne Meetup Team