Tag: australia

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Australia’s Central Bank Says It’s Unlikely Bitcoin Will Succeed Down Under

A senior official at the Reserve Bank of Australia (RBA) has said that Bitcoin is unlikely to succeed in the country due to the...

Soarcoin ‘Backdoor’ Causes $6.6 Million Loss for Australian Company

Dealing with cryptocurrencies can be a lucrative business. In some cases, it can also lead to major financial losses. One firm in Australia has...

Australian Digital Transformation Agency Allocates AU$700,000 to Blockchain Research

Governments all over the world are looking closely at blockchain technology. This technology allows for many innovative use cases now and in the future....

New Zealand’s Inland Revenue Reminds Cryptocurrency Investors and Businesses of Their Tax Obligations

New Zealand's Inland Revenue department appears to be taking a firmer stance against cryptocurrency traders and companies who use them, reminding them of their...

Australian Government to Track Down Investors Liable to Pay Bitcoin Tax

The Australian government is reportedly going to track down investors who may be liable to pay for their bitcoin tax, according to a report. To...

JD.com Teams Up With Australian Exporter to Track Beef on the Blockchain

Chinese e-commerce company JD.com announced today that it will be using the blockchain to track beef with an Australian exporter. In an announcement, JD.com has...

Hong Kong Fintech Investment More than Doubled in 2017, Jumps to $545 Million

New research shows that fintech funding in Hong Kong more than doubled in 2017 compared to the previous year. Data from Accenture analysis of data from...

How does Australia plan to crack on BTC casinos?

New gambling regulations started being talked about in Australia from 2017. The proposed amendments were found in the Interactive Gambling Act Amendment Bill of...

Australian Banks Will not ban Credit Card-based Bitcoin Purchases

Various banks all over the world are banning Bitcoin purchases. This mainly applies to the United States, for some reason. It is possible other...

Ripple Faces Some Big Competition in Australia

Ripple is one of those projects designed to bridge the gap between banking and blockchain. That is easier said than done, though. In fact,...

Cryptocurrency ICOs are not on the Regulatory Radar for Australia

We have seen a fair bit of speculation regarding the potential regulation of cryptocurrency ICOs. So far, it is unclear which countries may take...

Standards Australia Unveils Roadmap For Blockchain Standards

The world of blockchain and distributed ledger technology continues to gain more recognition than ever before.Particularly the Australian fintech sector has taken a liking...