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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.
Australia’s largest grain exporter partnered with Blockchain startup AgriDigital to develop a Blockchain-based system for food supply chain management.
Agriculture Process Gets Blockchain Lift with Pilot Blockchain Tracking System
Joshua Althauser
2017-08-04T18:05:00+01:00
13056
Austrac, Australia’s financial crime control agency, has alleged that the Commonwealth Bank of Australia had delayed or failed to report more than 50,000 cases ...
Drug Rings Use ATMs to Launder Money, Bitcoin Not Involved
Jacob J
2017-08-04T15:20:00+01:00
58988
Australia’s war on cash continues with new proposals under consideration to punish consumers who do not have receipts for purchases.
War on Cash Taskforce Wants to Punish ‘Problem’ Australian Consumers
William Suberg
2017-08-03T17:06:00+01:00
10650
The controversial Bitcoin Cash, has rocketed to be the third-biggest cryptocurrency in terms of its market cap in less than 24 hours, overtaking Ripple.
Bitcoin Cash Third-Biggest Cryptocurrency On First Day of Creation
Darryn Pollock
2017-08-02T09:05:00+01:00
28750
A man from Melbourne has recently made headlines after investing $2,000 in Ethereum and discovering a return of over $1 mln.
Australian Fitness Instructor Makes $1 Million from $2K
Jon Buck
2017-07-24T13:20:00+01:00
28165
Bill Miller is the latest investor to confirm he keeps part of his empire in Bitcoin as crypto holdings gain popularity.
Stock Pickers Pick Bitcoin: Bill Miller Reveals 1% Crypto Portfolio
William Suberg
2017-07-19T12:01:00+01:00
13228
The writing’s on the wall for legacy logistics companies: Blockchain is taking over.
Logistics Industry: Next Step to Global Economy’s Blockchainization
Cointelegraph
2017-07-15T11:20:00+01:00
15962
The federal government agency for scientific research in Australia stated that blockchain will have profound impact on economy.
Blockchain Will Have Profound Impact on Economy: Australian Government
Joseph Young
2017-06-08T09:07:00+01:00
10397

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