The members of the Joint Chiefs of Global Tax Enforcement are updating their crypto laws to prevent financial crimes and money laundering. Cybercriminals are taking full advantage of the COVID-19 pandemic, which has forced life into a digital realm, by leveraging increased fear and uncertainty to steal money and launder it through the complex cryptocurrency…
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Airwallex is one of just three Australian ‘unicorns,’ raising $160 million in a round led by ANZ bank and cloud software firm Salesforce. Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.…
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The Australian National University has partnered with Ripple to develop two Masters courses examining the impact of blockchain on legal disputes. The Australian National University (ANU)’s law school will roll out two new courses in its Masters program next year exploring the impact of blockchain on the legal field. The courses are being developed with…
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An Australian startup is launching an innovative tokenized gold trading platform with ‘no central point of failure’. Australian startup Meld Gold will launch a blockchain-based platform for tokenized gold trading in the third quarter of 2020. Meld Gold said the platform will offer a digital method to buy and sell physical gold that is more…
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CEO behind a new Aussie dollar stablecoin said finding a bank to hold the coin’s cash reserves was the biggest challenge. 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,…
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Emerging technology could aid survival after a natural disaster. Here’s the case with Australian farmers after the bushfires. 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…
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As Bitcoin plunges close to its lowest levels since 2018, many are convinced that BTC is heavily interlinked with traditional markets. 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…
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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. 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…
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Bittrex Global has announced the roll-out of support for credit card purchases, conditional orders on its mobile app, and a referral program. 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…
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A whistleblower has revealed a $70 million Bitcoin scam targeting British and Australian investors through fake news stories on Facebook. 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…
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