News
Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases.
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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.
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The legal team behind the case called it a “prolific cryptocurrency scam.”
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Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million.
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Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC.
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The DAML smart contract language is getting more popular.
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Australia gets more blockchain projects.
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Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution
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A Wikipedia page on Australian blockchain firm Power Ledger bites the dust.
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John Bigatton has been barred from providing financial services in Australia for seven years for his involvement with the BitConnect Ponzi scheme.
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Australian crypto traders can now use one of the largest financial apps in Europe.
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Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.
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The operator of Australia’s ‘PayID’ payments network is suing Ripple Labs over its use of ‘PayID’ branding.
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Privacy coins are quietly being relegated to the fringes of the Blockchain space.
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Power Ledger's most recent development is a renewable energy certificate marketplace for SE Asia.
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Gemini now supports the fiat currencies of Hong Kong, Australia and Canada.
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