Australian courts allowed a plaintiff to use a cryptocurrency exchange account as a method of security against legal costs. As part of a defamation case in front of the New South Wales, or NSW district court, Judge Judith Gibson allowed cryptocurrency usage as collateral. “This is a recognized form of investment,” Gibson said of cryptocurrency,…
Read more
An Australian minister has slammed the government for failing to prioritize ransomware amid increasing attacks. On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.” Watts states that Australia was not…
Read more
So far, 2020 has been a year of cryptocurrency regulation… Now, Australia has unveiled its five-year blockchain strategy. So far, 2020 has been a year of cryptocurrency regulation: The European Union, the United Kingdom and Singapore have officially introduced their approaches to the burgeoning industry. Now, Australia has published its national roadmap, hoping to become…
Read more
The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. It has been almost a year since the country’s Ministry for Industry, Science and Technology…
Read more
RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent…
Read more
As megablazes ravage Australia, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort. As megablazes ravage Australia, destroying vast amounts of land and wildlife, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country. Fighting fire with fundraising The announcement between Cointelegraph and Oxygen Seven…
Read more
The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra. The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook’s controversial stablecoin Libra. In an official proposal to the Senate published on Jan. 20, APRA submitted a possible regulatory framework dedicated to…
Read more
Australian micro-investment startup Raiz is said to have cleared all legal hurdles for the introduction of a Bitcoin-exposed investment product for retail users. Australian micro-investment startup Raiz is set to bring Bitcoin (BTC) fund options to its users, Australian Financial Review (AFR) reports on Jan. 20. The firm cleared the last legal hurdle with the…
Read more
As India’s Supreme Court inches closer to giving its final verdict on RBI’s crypto ban, experts believe the judgment will favor crypto. Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the…
Read more
Using the power of cryptocurrency and mobilizing the crypto community for good. January 16, 2020 — As a company, Cointelegraph cares about the environment and the world in which we all live. The wildfire crisis in Australia has mobilized us as an organization to take action to help the current recovery efforts down under. Cointelegraph…
Read more
