IBM’s blockchain platform is now available out of its data center in Melbourne, Australia.
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 Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect.
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Australia’s National Transport Insurance has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad.
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The Australian Taxation Office has warned citizens about scammers demanding tax payment via Bitcoin ATMs.
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The Commonwealth Bank of Australia and a government-run digital innovation center have successfully trialled a blockchain-powered “smart money” system for disab...
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Texas regulators have issued a cease and desist order to a cloud mining company for selling unregistered securities, among other alleged offences including frau...
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The Reserve Bank of Australia assistant governor Michelle Bullock said that the bank has not yet been convinced of the need to create a digital Australian dolla...
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by Ana Berman
An Australian company that aimed to raise $50 million to create a crypto exchange has shut down “in accordance with” local securities commission requirements.
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The Australian federal government is exploring the use of blockchain-based “smart money” for use in its National Disability Insurance Scheme (NDIS).
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by Henry Linver
Successful trials show blockchain could cut red tape and boost the secondary market.
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Crypto firm DigitalX Ltd. faces a claim in Australia’s federal court from clients it reportedly advised on an ICO investment.
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by Ana Berman
Red Belly Blockchain reaches 30,000 transactions per second while tested on Amazon Cloud, according to an Australian science agency report.
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by Ana Berman
Australian shopping mall operator with 70 locations across the country is testing Power Ledger’s blockchain solution for solar energy management.
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by Ana Berman
Australian financial watchdog warns investors on “misleading” and “deceptive” ICO marketing materials.
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Cryptocurrency exchanges and ICO operators in Australia form a focus of attention for watchdog the Australian Securities and Investments Commission (ASIC).
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