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.
Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy.
Australians can now exchange solar energy credits for beer with blockchain
The Bitcoin market capitalization is once again sufficient to cover the M1 money supply of either Australia or Canada.
Bitcoin market cap exceeds Canada's M1 money supply once again
The Australian government has made two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions.
Australian government offers $6M in grants to innovative blockchain teams
Iris Energy has upped its target for its second-IPO funding round.
Australian green energy Bitcoin mining firm doubles pre-IPO funding round
Blockchain Australia has terminated Qoin’s membership of the association amid allegations that the crypto project is a pyramid scheme.
Blockchain Australia ousts retail merchant crypto project Qoin
Securities regulators' down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules.
Australian regulators open to Bitcoin ETF with ‘rules in place’
Australia’s eSafety Commissioner has suggested blockchain-based digital IDs as a potential solution to fight online abuse and trolling.
Australia's eSafety Commissioner touts blockchain as a solution to trolls