Australia

Australia

Miner Reopens Coal-Fired Power Plant in Cheap Energy Quest

An Australian tech company recommissioned an old coal power plant to provide cheap energy for cryptocurrency mining.

Business  ·  12 April 2018
Exchanges

New AML Rules for Australia’s Bitcoin Exchanges Kick In Today

Australia’s cryptocurrency exchanges must now follow new rules aimed to counter money laundering and terrorism financing.

Policy & regulation  ·  3 April 2018
Regulation

Australia Seeks Public Input on Crypto Tax Guidelines

The Australian government is looking for public feedbacks to make sure crypto investors will not have excuse for not meeting their tax liability.

Policy & regulation  ·  27 March 2018
Police Investigations

NSFW? Australian Police Probe Government Staffers Over Crypto Mining

Misused office equipment gets IT staff in trouble.

Policy & regulation  ·  8 March 2018
Crime

Australian Watchdog Received 1,200 Crypto Scam Complaints in 2017

The Australian Competition & Consumer Commission reportedly received over 1,200 complaints about cryptocurrency scams last year.

Policy & regulation  ·  19 February 2018
Exchanges

Australian Finance Watchdog to Monitor Bitcoin Exchanges

The Australian Transaction Reports and Analysis Centre has received the go-ahead to monitor bitcoin exchanges after the passing of a new bill.

Policy & regulation  ·  8 December 2017
Australia

ASX Says Yes: Stock Market to Settle Trades with DLT

After months of testing and deliberation, ASX has confirmed that it will replace its CHESS post-trade system with DLT developed by Digital Asset.

Business  ·  6 December 2017
Australia

Australian Government Grants $8 Million for Blockchain Energy Pilot

The Australian government has announced that it will provide over AU$8 million in grants for a blockchain-powered smart utilities project.

Business  ·  20 November 2017
Regulation

Australian Central Bank: Regulating Blockchain Protocols ‘Unlikely to Be Effective’

Cryptocurrencies don't pose "any pressing regulatory issues" for the Australian central bank's policies for payments.

Policy & regulation  ·  30 October 2017
Regulation

Australia Officially Ends Double Bitcoin Tax

From July 2018, Australians will no longer have to pay GST on their cryptocurrency purchases, following the passing of new legislation today.

Policy & regulation  ·  19 October 2017
Regulation

Australian Senate Panel Throws Support Behind Crypto Exchange Bill

Australia is moving ahead with plans to pass new regulations for the country's cryptocurrency exchange space.

Policy & regulation  ·  18 October 2017
Ethereum

An Australian University Is Giving Out Ether to Students

The University of New South Wales' consumer loyalty research effort will pay students in ether for making purchases at on-campus retailers.

Business  ·  16 October 2017
Regulation

ASX Request Forces Public Gaming Firm to Spin Out New ICO Startup

Australia-based gaming company iCandy Interactive has been forced to alter plans to launch a token for a new gaming marketplace.

Policy & regulation  ·  11 October 2017
Australia

$34 Million: Australian Blockchain Startup Power Ledger Completes ICO

Power Ledger, a blockchain startup based in Australia, has raised $34 million in a token sale.

Business  ·  6 October 2017
Regulation

Australia’s Securities Regulator Issues Formal Guidance For ICOs

The Australian Securities and Investments Commission has issued regulatory guidance for businesses considering launching an initial coin offering.

Policy & regulation  ·  28 September 2017