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Owning Fiat Just Got More Expensive – NIRP Strikes Again

With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP..

VeChain Releases Blockchain-Encrypted Wine Bottles For Australian Winemaker

News Public enterprise blockchain platform VeChain has partnered with Autralian winemaker Penfolds to release a case of blockchain-encrypted wine bottles for sale, as part of its Wine Traceability Platform (WTP) initiative. More specifically, the launch of Penfolds Bin 407 in July marks the beginn..

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are cel..

Buy Bitcoin: Australia to Ban Cash Transactions Over $10,000

Australian lawmakers are set to outlaw the use of cash in transactions exceeding the value of AUD$10,000, which equates to around $6,900. Some in the crypto space have suggested that this only accentuates the value and need for Bitcoin and other decentralized cryptocurrencies.Cash Not Accepted A..

Austrian Printing House Releases “Chainlock” Crypto Cold Wallet

The Austrian State Printing House (OeSD) has released a cryptocurrency cold wallet, through its subsidiary company Youniqx Identity AG. Per a press release published on July 29, the solution was developed to combat the worrying increase of cryptocurrency theft and other crypto-crimes that are caused..

Blockchain Startup Nets $2.4 Million in Public Funding to Fight Food Slavery

News Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. Lumachain’s newly-received funds will ..

Australia Wants To Limit Cash Payments Not Cryptocurrency

Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a ne..

Crypto Is Part of Free Speech, and Free Speech Is Everything

On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing a s..

Biggest University in Western Australia Accepts Bitcoin for PhD Program

News Curtin University, the largest university in Western Australia with over 58,00 students, announced the launch of a cryptocurrency PhD program on July 23, 2019. Curtin University Accepts Bitcoin, EthereumThe Cryptocurrency PhD Scholarship Fund will allow companies and individuals to help PhD ..

Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan

BCH merchant acceptance has continued to grow month after month but there are a few regions in the world where bitcoin cash retail acceptance is thriving. Over the last few weeks, North Queensland and Japan have shown significant growth and continue to dominate as some of the densest territories of ..

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