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Blockchain Australia – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 25 Jul 2024 04:12:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Blockchain Australia – DIGIT INFO https://www.digit.info 32 32 HSBC Australia to block all payments to crypto exchanges, citing scams https://www.digit.info/hsbc-australia-to-block-all-payments-to-crypto-exchanges-citing-scams/ Thu, 25 Jul 2024 04:12:46 +0000 https://www.digit.info/hsbc-australia-to-block-all-payments-to-crypto-exchanges-citing-scams/

At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy.

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Australia’s peak crypto lobby group drops ‘blockchain’ from name https://www.digit.info/australias-peak-crypto-lobby-group-drops-blockchain-from-name/ Tue, 11 Jun 2024 03:45:00 +0000 https://www.digit.info/2024/06/11/australias-peak-crypto-lobby-group-drops-blockchain-from-name/

Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.

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Blockchain Australia CEO calls for unified efforts to stamp out crypto scams https://www.digit.info/blockchain-australia-ceo-calls-for-unified-efforts-to-stamp-out-crypto-scams/ Fri, 30 Jun 2023 06:17:08 +0000 https://www.digit.info/2023/06/30/blockchain-australia-ceo-calls-for-unified-efforts-to-stamp-out-crypto-scams/

Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate.

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Don’t follow the US: Blockchain Aus CEO hammers ‘regulation by enforcement’ https://www.digit.info/dont-follow-the-us-blockchain-aus-ceo-hammers-regulation-by-enforcement/ Sun, 25 Jun 2023 23:15:06 +0000 https://www.digit.info/2023/06/25/dont-follow-the-us-blockchain-aus-ceo-hammers-regulation-by-enforcement/

Blockchain Australia, the country’s peak crypto industry body has announced a new CEO who wants to speed up the crypto regulatory process.

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BTC Markets becomes first Australian crypto firm to get a financial services license https://www.digit.info/btc-markets-becomes-first-australian-crypto-firm-to-get-a-financial-services-license/ Tue, 21 Jun 2022 06:01:07 +0000 https://www.digit.info/2022/06/21/btc-markets-becomes-first-australian-crypto-firm-to-get-a-financial-services-license/

While the license isn’t currently needed for crypto companies in Australia, BTC Markets says it is preparing the exchange for upcoming regulations, which may help it gain other complementary certifications.

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RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies https://www.digit.info/rba-warns-aussies-over-punting-on-fad-driven-cryptocurrencies/ Fri, 19 Nov 2021 05:00:14 +0000 https://www.digit.info/2021/11/19/rba-warns-aussies-over-punting-on-fad-driven-cryptocurrencies/

The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in.

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ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored https://www.digit.info/anz-bank-executive-the-weight-of-money-means-crypto-cant-be-ignored/ Fri, 05 Nov 2021 02:47:08 +0000 https://www.digit.info/2021/11/05/anz-bank-executive-the-weight-of-money-means-crypto-cant-be-ignored/

“When you look under the hood on that, we’ve concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead.

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ACX’s parent company Blockchain Global collapses owing $15M https://www.digit.info/acxs-parent-company-blockchain-global-collapses-owing-15m/ Fri, 05 Nov 2021 01:14:40 +0000 https://www.digit.info/2021/11/05/acxs-parent-company-blockchain-global-collapses-owing-15m/

Investors are worried the may not be able to recoup their funds from ACX, now that parent company Blockchain Global has entered voluntary administration.

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Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’ https://www.digit.info/commonwealth-bank-to-enable-crypto-trading-for-6-5m-aussies-other-banks-will-follow/ Wed, 03 Nov 2021 01:34:41 +0000 https://www.digit.info/2021/11/03/commonwealth-bank-to-enable-crypto-trading-for-6-5m-aussies-other-banks-will-follow/

The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

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Blockchain can combat Australia’s $1.7B food and wine fraud problem https://www.digit.info/blockchain-can-combat-australias-1-7b-food-and-wine-fraud-problem/ Fri, 04 Sep 2020 07:13:18 +0000 https://www.digit.info/2020/09/04/blockchain-can-combat-australias-1-7b-food-and-wine-fraud-problem/

Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution

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