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Australia

Australia’s Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body

February 15, 2021

Australia’s blockchain and cryptocurrency companies need more support from the federal government and regulators to boost confidence within the country’s business sector, according to Steve Vallas, CEO of advocacy body …

Australia

Australia’s Central Bank Says Bitcoin ‘Not Really Money,’ No Risk to Financial Stability

February 5, 2021

The Reserve Bank of Australia has delivered somewhat dismissive comments on bitcoin at a meeting of the House of Representatives Standing Committee on Economics. According to a report by the …

Australia

Australian Hacker Sentenced to 2 Years in Prison for $300K XRP Theft

August 11, 2020

A judge has sentenced Australian citizen Kathryn Nguyen to a maximum time of 2 years and 3 months in prison for her role in stealing more than 100,000 XRP tokens …

Australia

Ripple’s ODL Network Records ATH for XRP/AUD on BTC Markets Exchange

June 2, 2020

On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets. According to a recent tweet from the …

Australia

DLT Is Transforming Global Supply Chains

May 9, 2020

In an interview with Cointelegraph, Rupert Colchester, the head of blockchain at IBM Australia and New Zealand, discussed how distributed ledger technology is transforming supply chain systems worldwide. Colchester also …

Australia

Australian Uni Partners With Ripple on Blockchain Law Courses

April 1, 2020

The Australian National University (ANU)’s law school will roll out two new courses in its Masters program next year exploring the impact of blockchain on the legal field.  The courses …

Australia

Australian Securities Exchange Delays Switch to Blockchain Due to COVID-19

March 25, 2020

The Australian Securities Exchange (ASX) has once again delayed its transition to the blockchain, due in part to uncertainty around the impact of the global COVID-19 pandemic. In an announcement …

Australia

Bitcoin Price Correlates With Traditional Assets, but Not Entirely

March 14, 2020

Since coming to power back in 2016, President Trump seemed to have reinvigorated the United States stock market after it showed signs of slowing down throughout the first half of …

Australia

Is Crypto the Answer to Australian Banks Invading User Privacy?

March 6, 2020

Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for honoring transactions. Time for crypto to take over completely?  Australian …

Australia

Whistleblower Outs ‘Wolf of Kyiv’ for $70 Million Bitcoin Scam

March 2, 2020

A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019.  The whistleblower outed the scam by providing footage and internal …

Australia

Australian Judge Says Crypto Is a Legitimate Investment Vehicle

February 29, 2020

As part of a defamation case in front of the New South Wales, or NSW district court, Judge Judith Gibson allowed cryptocurrency usage as collateral. “This is a recognized form …

Australia

Aussie Blockchain Startup Tells Gov’t Its Tax Laws Are Stifling ICOs

February 21, 2020

You need nothing short of “a miracle” to succeed with an initial coin offering (ICO) in Australia, a local industry leader told the government this week. At a Select Committee …

Australia

Australia’s Blockchain Roadmap Isn’t Music to Everyone’s Ears, Draws Criticism

February 12, 2020

So far, 2020 has been a year of cryptocurrency regulation: The European Union, the United Kingdom and Singapore have officially introduced their approaches to the burgeoning industry. Now, Australia has …

Australia

Bitcoin Fund Now Allows 300k Australians to Invest in BTC

January 20, 2020

Australia’s financial regulator has given its approval nod to fintech startup Raiz to offer its Bitcoin investment retail fund. The news marks a watershed moment for the Australian crypto space …

Australia

Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk

January 19, 2020

Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the …

Australia

Australia’s Oldest Crypto Exchange Joins Growing Roster of Kraken Acquisitions

January 14, 2020

U.S.-based crypto exchange Kraken has acquired Australia’s oldest crypto exchange.  In a recent development, Kraken announced its acquisition of Bit Trade, an Australia-based crypto exchange formed in 2013, in a …

Australia

RBA to Block Facebook’s Libra in Australia

January 9, 2020

Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are unnecessary given that commercial banks …

Australia

BTC Donations are on for Australian Bush Fires

January 4, 2020

A Bitcoin donation address has been opened to supply aid for the Australian bushfires raging this dry season. The BTC address offers a borderless way to make contributions for relief …

Australia

New Zealand’s ASB Bank Owns 21% in TradeWindow Following $1.7M Round

December 16, 2019

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. The startup provides a software-as-a-service supply chain …

Australia

Australian Stock Exchange Wants Oversight of Blockchain Trading System

October 30, 2019

The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities. Reuters reported on …

Australia

Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment

August 21, 2019

The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups, developers and governments to invest in sustainable development. Commonwealth Bank’s ‘BioTokens’ The bank announced …

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