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.
The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trad...
ANZ’s stablecoin used to buy tokenized carbon credits
Chainalysis head of international policy Caroline Malcolm explained this means bringing crypto-assets into a similar regulatory regime to financial products as ...
Chainalysis tips Australia will crack down on misleading crypto ads
“We’re really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet-to-launch metaverse.
A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
While the license isn’t currently needed for crypto companies in Australia, BTC Markets says it is preparing the exchange for upcoming regulations.
BTC Markets becomes first Australian crypto firm to get a financial services license
Leigh Travers feels that a change in Australia’s government could slow down work on crypto regulations that could prove that the industry is already operating a...
Binance Australia CEO: Regulations will establish higher standards in crypto
Speaking to Cointelegraph on Wednesday, Swyftx co-CEO Ryan Parsons revealed that its long-term plans are to explore ways to offer trading between traditional an...
Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero
Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Sto...
Two more spot crypto ETFs launch on Australian markets