Coinbase Becomes First Crypto Exchange to Secure AFSL Licence in Australia
Coinbase has secured an Australian Financial Services Licence from ASIC, becoming the first crypto exchange to receive the approval directly from the regulator. The US-listed exchange says it now plans to expand into equity trading and payments in Australia, just days after Canberra passed its landmark Digital Assets Framework Bill requiring all major crypto platforms to hold an AFSL.
The World’s Most Critical Oil Chokepoint Just Closed. New Zealand and Australia Are Running on Fumes
A war in the Middle East has turned a decade-old energy security warning into an emergency. For two countries that quietly dismantled their refining industries, the reckoning has arrived.
Australia Maintains 29-Month Streak of Bitcoin ATM Growth
Australia has achieved a milestone in cryptocurrency adoption, maintaining a consistent increase in Bitcoin ATMs for 29 consecutive months.
Australia’s Social Media Crackdown: Big Brother or Bold Move?
Australia’s proposed move to ban social media access for young teens has sparked a global debate over the balance between protecting children and infringing on individual freedoms.
Australia Opens Consultation on OECD Crypto Reporting Framework
Australia's Treasury has initiated a public consultation to gather feedback on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF). This effort aims to bolster tax transparency and counter global tax evasion as cryptocurrency adoption grows.
ETFs Fuel Crypto Adoption Growth in Australia
The latest Independent Reserve Cryptocurrency Index (IRCI) for Australia, released this week, sheds light on the evolving landscape of cryptocurrency attitudes and behaviors among Australians. The fifth edition of the survey, conducted annually, provides key insights into awareness, adoption, trust, and confidence in the cryptocurrency market.
Kraken Australia – Expanding Downunder
Kraken is one of the OG global crypto exchanges, founded in 2011. In 2020 Kraken launched in Australia. Andy speaks to Kraken’s Aussie MD, Jonathon Miller.
Less than 1% of Australians use crypto for payments says RBA
A new report published by the Australian central bank provides insight into consumer payment behavior. The survey has found that Australians increasingly prefer digital payment methods. Cryptocurrencies, however, make up less than one percent of payments in Australia.
Aussie crypto traders targeted by the Australian Tax Authority
As Australia’s COVID-19 crisis worsens, the Australian tax authority is reportedly in the process of contacting over 350,000 Australians to remind them to declare their cryptocurrency earnings.
Australia releases blockchain roadmap
Agriculture, manufacturing, and renewable energy are all ripe for blockchain-powered disruption, according to a new national strategy from the Australian Government.
Australian Central Bank says “Nah, mate” to Facebook’s Libra
The Reserve Bank of Australia (RBA) says Facebook’s digital currency, Libra, should not be allowed to launch in Australia without being heavily regulated. It does not believe there will be enough demand to merit the effort required to introduce the currency to Australia.
New Australian legislation impacts online anonymity
The privacy balance for technology companies in Australia is changing as the result of new legislation passed at the end of 2018
Distributed Ledgers: Scenarios for the Australian economy over the coming decades
This study contains analysis, interpretation and foresight, created by Data66 in consultation with subject-matter experts, in order to inform government, industry, and the broader Australian community of the plausible implications of Distributed Ledger Technology (DLT). The intended outcome is to provide advance warning of potential challenges, risks and opportunities so that leaders and innovators can make better-informed decisions, including high impact policies, for today, which will impact our future.
Roadmap For Blockchain Standards
This report explains the methodology and process used by Standards Australia to develop a Roadmap for Blockchain Standards. It highlights the critical role Australia will have in leading international efforts to develop blockchain standards under ISO/TC 307 Blockchain and electronic distributed ledger technologies.
Australia to lead ISO Blockchain standards endeavor
Standards Australia recently announced that the International Organization for Standardization (ISO) is supporting its proposal to develop a set of international standards for blockchain technology.
Major stock exchange completes blockchain trial for replacement settlement system
Australia’s largest Stock Exchange, the Australian Securities Exchange (ASX), recently published its Annual Report, revealing the company's progress and near-future plans for its blockchain, or Distributed Ledger Technology (DLT), projects. ASX is one of the world’s leading financial markets, with a total market capitalization of around $1.5 trillion. Employing a team of 530 people, their customers include 6.7 million share owners, 180 participants and, according to the annual report, 2,204 listed companies and issuers.
