Tag: Australia

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Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto

The CEO of Australia's largest bank, Commonwealth Bank of Australia (CBA), sees significant risks in not investing in bitcoin. He explained, "We see risks in participating, but we see bigger risks in not participating." In an interview with Bloomberg Television in Sydney on Thursday, Commonwealth Bank of Australia CEO Matt Comyn discussed the fear of missing out...

Australia’s Bitcoin Regulation Bill Gets the Green Light

Australian authorities are making progress with revisions to the AML/CTF bill which will include bitcoin exchanges under the scope of Australian legislation for the...

Aussie Solar Startup Power Ledger, Energy Giant Origin Begin Blockchain Trial

Australian solar startup Power Ledger has partnered with retail energy giant Origin to begin a trial based on Power Ledger’s blockchain-based peer-to-peer energy marketplace. Power...

Australian Govt: ‘Blockchain Will Support Innovation and Productivity Right Across the Economy’

In a published paper to discuss the country’s digital strategy, the Australian government has picked blockchain technology, among others, as a transformational innovation toward...

Australia Is Heading Towards Legalizing Bitcoin

Australian senators from different political parties have called on the Australian central bank to consider formally legalizing Bitcoin. According to The Sydney Morning Herald, Labor Senator Sam...

Australian Senators Call On the Reserve Bank to Back Bitcoin

Senators in Australia are putting their political differences aside and are banding together to urge the Reserve Bank to back bitcoin as an official...