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Australia News

The Commonwealth of Australia is the sixth largest country in the world and is the only one that occupies a whole continent. It also includes several islands. The state has a strong economy and its GDP per capita is bigger than that of Great Britain, Germany, etc. The growing popularity of Bitcoin hasn’t gone unnoticed in the country. In Australia, cryptocurrency is almost a legal form of payment, as the government is making efforts to give Bitcoin the status of either a national or foreign currency. In July 2017, the government cancelled a double tax for transactions with Bitcoin in Australia to provide a better cryptocurrency environment. In Australia, cryptocurrency exchange is possible with plenty of ATMs and online platforms.
News
The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect.
Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter
Adrian Zmudzinski
2019-01-08T15:51:00+00:00
5859
News
Australia’s National Transport Insurance has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad.
Australia: National Transport Insurance Partners on Blockchain for Food Safety Trial
Marie Huillet
2018-12-10T09:30:00+00:00
3719
News
The Australian Taxation Office has warned citizens about scammers demanding tax payment via Bitcoin ATMs.
Australia: Tax Regulator Warns of Fraudulent Requests for Tax Payment via BTC ATMs
Max Yakubowski
2018-11-14T12:50:00+00:00
3442
News
The Commonwealth Bank of Australia and a government-run digital innovation center have successfully trialled a blockchain-powered “smart money” system for disab...
Australia’s Biggest Bank Trials Blockchain-Based 'Smart Money' for Disability Insurance
Marie Huillet
2018-11-13T11:42:00+00:00
3400
News
Texas regulators have issued a cease and desist order to a cloud mining company for selling unregistered securities, among other alleged offences including frau...
Texas Regulator Issues Cease and Desist Order to Cloud Mining Company
Ana Alexandre
2018-11-07T01:24:00+00:00
11992
News
The Reserve Bank of Australia assistant governor Michelle Bullock said that the bank has not yet been convinced of the need to create a digital Australian dolla...
Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
Ana Alexandre
2018-10-25T22:48:00+01:00
4429
News
An Australian company that aimed to raise $50 million to create a crypto exchange has shut down “in accordance with” local securities commission requirements.
Australia: $50 Million ICO Shuts Down ‘in Accordance with’ Regulatory Requirements
Ana Berman
2018-10-22T18:30:00+01:00
5246
News
The Australian federal government is exploring the use of blockchain-based “smart money” for use in its National Disability Insurance Scheme (NDIS).
Australia Trials Blockchain-Based 'Smart Money' for National Disability Insurance Scheme
Marie Huillet
2018-10-09T09:30:00+01:00
4356

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