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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 U.S. IRS has formed a new international taskforce comprising tax enforcement agencies from five countries to tackle crypto-enabled crimes.
Five Nations Launch Tax Enforcement Alliance to Tackle Crypto, Cybercrime 'Threat'
Marie Huillet
2018-07-03T17:31:00+01:00
21288
News
Bitcoin is “fascinating” but “inefficient,” Australia’s central bank has claimed as both it and neighboring New Zealand take a hands-off approach to their own t...
Australia, New Zealand Central Banks Don’t Plan to Issue Own Cryptos
William Suberg
2018-06-26T13:34:00+01:00
12282
Analysis
Blockchain to make the concept of Smart Cities more than real, with numerous projects already tested or adopted in Dubai, US, China and Europe.
Smart Cities and Blockchain: Four Countries Where AI and DLT Exist Hand-in-Hand
Julia Magas
2018-06-17T23:10:00+01:00
33860
News
The Australian Taxation Authority will be paying special attention to the tax obligations for cryptocurrency investors, experts say
Australia: Experts Say Tax Office on ‘Warpath’ Against Crypto Investors
Molly Jane Zuckerman
2018-06-15T20:30:00+01:00
19044
News
Risk management giant LexisNexis has partnered with Australian crypto exchange Blockbid to provide more secure know your customer and anti-money laundering meas...
LexisNexis Partners With Australian Crypto Exchange Blockbid to Increase Security
Helen Partz
2018-06-05T05:40:00+01:00
21095
News
Australian businesses have partnered with the Port of Brisbane to release a blockchain-based proof of concept for supply chain management.
Australia: PwC, Chamber of Commerce, Port of Brisbane Partner for Blockchain Pilot
Molly Jane Zuckerman
2018-05-29T14:10:00+01:00
14175
News
Efforts to study the benefits of introducing the Australian government to blockchain were partly a personal request from the prime minister.
Australia’s Prime Minister Ordered Blockchain Research Push, Gov’t Agency Says
William Suberg
2018-05-22T18:45:00+01:00
10104
News
New analysis shows that Australians lost over $2.1 mln to crypto scams last year, which peaked in the last quarter of 2017.
New Report Calculates Money Lost to Crypto Scams in Australia Last Year
Ana Alexandre
2018-05-22T01:07:00+01:00
11136

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