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COVID-19: ASX Postpones Launch of Blockchain Stock Exchange Platform

The Australian Securities Exchange (ASX) has announced the postponement of the launch of its blockchain stock exchange platform due to the ongoing COVID-19 pandemic. The postponement is the latest delay in the deployment of the project which is supposed to see the country’s stock market transitioni..

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

News 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 published on March 25, ASX said it was replanning its blockchain implementation timetable in light..

Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks

News Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month. The AUD Token (AUDT), available on Chrono Tech’s platform, can be redeemed 1:1 for Australian dollars held..

Less Than 1% of Australians Used Crypto to Pay for Services in 2019

News While some Australian authorities recognize cryptocurrencies as a form of investment, digital assets like Bitcoin (BTC) are apparently not very popular as means of payment in the country. Australia’s central bank, the Reserve Bank of Australia (RBA), says that less than 1% of Australians used..

Blockchain for Australian Farmers: A Shield Against Worsening Climate

Expert Take Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen — with an increased climate estimated to have​ ​reduced yearly profits​ by 22%. The current b..

Bitcoin Price Correlates With Traditional Assets, but Not Entirely

Analysis 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 the previous decade. Just three weeks ago, the American market witnessed a combined gain of 58% compared with ..

Australian Tax Authorities Shed Light on Recent Crypto Investor Outreach

Follow up This week, the Australian authorities launched a major campaign to prompt as many as 350,000 crypto investors to comply with their tax obligations. In an interview with Cointelegraph on March 12, a spokesperson for the Australia Tax Office (ATO) said the campaign was designed to help rai..

Australian Tax Watchdog Contacting Crypto Holders to ‘Remind Them’ to Pay Up

News In the coming weeks, hundreds of thousands of Australian crypto investors are set to receive a reminder of their tax obligations from the country’s authorities. Citing an unnamed Australian Tax Office (ATO) representative, news.com.au reported on the forthcoming campaign on March 11. “Up to a..

Bittrex Global Integrates Credit Card Support, Biteeu Launches in Aus

News Bittrex global has announced the introduction of new features on its platform, including credit card support, a referral program, and upgrades to its mobile app. Credit card support will see an initial roll-out to Bittrex Global users in the United Kingdom, Germany, France, and the Netherland..

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

News 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 company documents to Swedish newspaper Dagens Nyheter, which reported the news on March 1. Th..

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