archiveaustralia

Bamboo, a Startup that Allows you to Invest Spare Change in Crypto
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Bamboo, a Startup that Allows you to Invest Spare Change in Crypto

Phil George and his cryptocurrency micro investment app Bamboo are striving to improve the understanding and investment opportunities associated with new technologies like blockchain that underlie disruptive changes in finance and economics. Phil George stated, ‘Our platform aims to provide access to different investment opportunities like cryptocurrencies.’ Bamboo is planned...
Australia’s first Cryptocurrency Town now has NEM
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Australia’s first Cryptocurrency Town now has NEM

Akasha Indream's interview was broadcasted by NEM on 8th August, The conversation was with NEM’s Queensland Regional Head, Gordon Christian. The first ever cryptocurrency town of Australia, 1770, Agnes Water was discussed in the interview. This hub is located on the coast of Queensland. The visionary behind this project is Gordon As per Gordon...
Nem.io to launch Blockchain Hubs in Australia and New Zealand
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Nem.io to launch Blockchain Hubs in Australia and New Zealand

The Nem.io Foundation, the creators of XEM cryptocurrency and peer-to-peer NEM blockchain system announced that they will be launching two new blockchain hubs- Australia and New Zealand. These hubs are meant to serve as education and knowledge hubs of Blockchain technology. These hubs will be located at The Precinct in...
XRP (XRP) Now Listed On Independent Reserve’s Platform/
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XRP (XRP) Now Listed On Independent Reserve’s Platform

Independent Reserve which is an Australian cryptocurrency exchange announced on July 5 that it will support trading for the world’s third-largest cryptocurrency by market cap- XRP. XRP will become will join Bitcoin, Ethereum, Bitcoin Cash and Litecoin as a fifth token of the exchange on the platform. XRP will be allowed to...
Australian Tax Office (ATO) Targets Crypto Holder
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Australian Tax Office (ATO) Targets Crypto Holder

Australian Tax Office (ATO) has vowed to keep a track of all the Australians hiding their cryptocurrency profits offshore by the use of data-matching services that also target unexplained wealth and assets. Crypto investors are quite enthusiastic when it comes to crypto returns and cash out their returns as soon...
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ACCC Report Reveals Amount Lost to Crypto Scams in Australia

The annual scams report published by The Australian Competition and Consumer Commission (ACCC) has disclosed the amount of money lost to crypto scams in Australia last year. According to the official report, Australian consumers lost roughly $2.1 million last year to cryptocurrency-based scams. The ACCC’s analysis report also reveals that...
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Australia’s Bitcoin Exchanges to Get New AML Rules

Starting from April 3, Australia's cryptocurrencies would have to follow a set of new rules aimed at countering terrorism financing and money laundering(AML/CTF). Australia's financial intelligence agency, Austrac, has published a new webpage for the new obligations, providing a reminder to the exchange platforms existing in the crypto space. The new...