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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.
Adoption
Bitcoin has helped a man pay off his house, and fund a new home without crippling debt
How Bitcoin Broke Australian Man’s Debt Cycle, Liberated Him From Banks
Darryn Pollock
2017-10-24T13:25:00+01:00
33028
An Australian university is replacing points with Ether, hoping students will be more motivated to spend if rewarded with digital currency.
Australian University Allows Students to Earn Ethereum from Campus Purchases
Joshua Althauser
2017-10-20T01:54:00+01:00
18292
Man sells family home and everything in it for Bitcoin, gambling on the next big rise.
Bitcoin Gamble: Man Sells Everything and Camps Out Waiting for Next Boom
Darryn Pollock
2017-10-11T20:45:00+01:00
33524
Greg Maxwell has said he is willing to fly to Australia with his own money to prove Craig Wright is a “fraud.”
Bitcoin Dev Greg Maxwell: I’d Pay To Prove Craig Wright ‘Fraud’
William Suberg
2017-10-05T13:50:00+01:00
20689
Regulations
How should dequity be regulated?
Cryptocurrency is Hybrid Financial Instrument but Should Not Have Special Treatment
Darryn Pollock
2017-10-02T13:45:00+01:00
9553
ASIC, Australia’s regulatory commission, has issued formal guidance for businesses trying to raise funds through ICOs.
Australia's Securities Regulator Issues Formal Guidance on ICOs
Lisa Froelings
2017-10-01T13:45:00+01:00
17332
Regulations
As China bans ICOs, the Australian government is moving in the opposite direction.
Australia Ends Double Taxation of Bitcoin, Cryptocurrencies
Jon Buck
2017-09-20T13:00:00+01:00
21549
Adoption
Two fintech operators are developing tech to equip 500 ATMs with Bitcoin functionality, and could add altcoins thereafter.
Number of Bitcoin ATMs Will Increase in Australia from 20 to 500
William Suberg
2017-09-04T15:35:00+01:00
25637

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