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Australia is a country which occupies the entire continent of the same name. Several prominent Bitcoin companies operate from Australia, taking advantage of its developed economy: Coinjar and Bitcoin.com.au are two examples.
Bitcoin’s blockchain may be bringing the world an unintended consequence of a loss of freedom and privacy as the financial world is getting in position to phase out cash in favor of a new digital economic system.
The Australian Digital Currency and Commerce Association (ADCCA) has joined forces with Deloitte and others to create a “code of conduct” for cryptocurrency operators.
Australian company develops a Blockchain technology that will assist governments, financial institutions to transit into the cryptocurrency technology.
Amid India’s sudden currency reforms, cash is facing a global crackdown as governments move to take control over transactions, the paper in citizens’ pockets.
Bittit is currently partnering with Neosurf and it’s 100K+ Local Stores, the Bitcoin startup Bitit is now expanding its network to up to 150,000 retailer stores.
Citi’s new digital wallet will compete directly with PayPal, Apple Pay and others to provide online, in-app and in-store payment needs.
Australian banks demonstrated the tendency to manipulate certain industries and companies to gain monopoly over a market in the past year.
Developing events reveal a pronounced step in the expansion of the Bitcoin market in Canada and Australia if the recent actions of Netcoins is anything to go by.
While Russia is testing an e-proxy voting system based on a distributed ledger, Australia is launching a Blockchain voting app in hopes of starting a global political movement.
Financial services firm Ernst and Young has announced it has successfully auctioned off 24,518 Bitcoins at a closed international auction which ended on June 21.
Bitcoin reached a low of $550 Wednesday night, after 24500 BTC had been auctioned off in Australia.
A Bitfinex maintenance delay and the auctioning off about $19 mln worth of Silk-Road-related Bitcoins thought responsible for the drop in the price of Bitcoin on Monday and Tuesday.
Two Australian exchanges added support for Ether and other altcoins for Australian customers.
Global assurance, tax and advisory services firm, Ernst & Young, will facilitate a first-of-its-kind Bitcoin sale process in Australia on June 20.
For a month starting May 3, The Treasury of the Australian government will be accepting submissions from interested parties to comment on a newly-released discussion paper entitled ‘GST treatment of digital currency’ as part of the 2016-17 Budget.
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