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.
News
Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC.
No need for central bank digital currency in Australia says Reserve Bank
Marie Huillet
2020-09-17T10:50:00+01:00
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The DAML smart contract language is getting more popular.
BNP Paribas connects to major stock exchanges with DAML smart contracts
Helen Partz
2020-09-15T09:00:04+01:00
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Australia gets more blockchain projects.
Blockchain platform commercializes digital bank guarantees in Australia
Ting Peng
2020-09-06T23:00:00+01:00
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Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution
Blockchain can combat Australia’s $1.7B food and wine fraud problem
Joshua Mapperson
2020-09-04T08:13:18+01:00
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A Wikipedia page on Australian blockchain firm Power Ledger bites the dust.
Crypto-hating Wikipedia editor David Gerard claims another victim
Turner Wright
2020-09-04T03:30:40+01:00
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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.
Top Australian BitConnect promoter banned by ASIC for 7 years
Samuel Haig
2020-09-03T08:30:00+01:00
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Australian crypto traders can now use one of the largest financial apps in Europe.
Europe’s Revolut app now offers crypto trading for Aussie users
Turner Wright
2020-09-03T01:58:34+01:00
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Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.
Three of Australia's "big four" banks bring bank guarantees on blockchain
Mohammad Musharraf
2020-09-01T10:24:00+01:00
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