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.
Major cryptocurrency exchange Binance has added support for Australian dollars and Thai baht.
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain ...
Controversial Australian Ex-Minister Enters Blockchain Insurance Space
New Zealand’s ASB Bank, owned by Commonwealth Bank of Australia, has participated in a new $1.7 million funding round by blockchain startup TradeWindow.
New Zealand’s ASB Bank Owns 21% in TradeWindow Following $1.7M Round
The Indian state of Uttar Pradesh will pilot a peer-to-peer solar power trading project in partnership with Australian blockchain energy company Power Ledger.
Largest Indian State to Pilot Blockchain-Based Solar Energy Trading
Big Four consulting firm KPMG officially launched its blockchain-based track and trace platform in Australia, China and Japan.
KPMG Launches DLT Supply Chain Tool in Australia, China and Japan
Australian blockchain energy firm Power Ledger and BSES Rajdhani Power Limited have successfully conducted a peer-to-peer solar power trading trial in India.
Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India
Australian crypto firm DigitalX Ltd. is launching a Bitcoin fund, seeded with roughly $1.9 million of its own holdings in cryptocurrency.
Australia: DigitalX Launches Bitcoin Fund Seeded With $1.9M in BTC