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.
So far, 2020 has been a year of cryptocurrency regulation… Now, Australia has unveiled its five-year blockchain strategy.
Australia’s Blockchain Roadmap Isn't Music to Everyone’s Ears, Draws Criticism
The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation.
Australia to Release National Blockchain Roadmap After Year of Preparation
RBI’s legal counsel claims crypto can adversely affect India’s financial stability.
Verdict in India Imminent, RBI Cites Warren Buffet Skepticism as Reason to Ban Crypto
As megablazes ravage Australia, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort.
As Australia Burns, Cointelegraph and Oxygen Seven Raise Relief Funds
The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra.
Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet
Australian micro-investment startup Raiz is said to have cleared all legal hurdles for the introduction of a Bitcoin-exposed investment product for retail users...
Raiz to Offer Bitcoin Fund to Australian Retail Investors in 2020
As India’s Supreme Court inches closer to giving its final verdict on RBI’s crypto ban, experts believe the judgment will favor crypto.
Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk