
During a panel at the Australian Blockchain Week, executives from Australia’s major banks explained why they added restrictions on payments to local crypto exchanges.
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Trevor Power hopes the framework will fall closer on the “spectrum” to the EU’s MiCA, as opposed to the current regulatory position in the U.S.
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“You will continue seeing us take that approach as we sort of, you know, try to shepherd companies into Web3,” said Animoca Brands chairman and co-founder Yat Siu.
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FTX CEO Sam Bankman-Fried says the partnership is a “watershed moment” as the Australian blockchain ecosystem continues to go mainstream.
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Experts are divided over ways to balance diversity in crypto, with Rupert Colchester of IBM noting that teams should be “built right” from the ground up.
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Eftpos revealed its plans to use distributed ledger technology to power smart cities and self-driving vehicles during the Australian Blockchain Week conference.
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