Australia

All-Crypto Retirement Accounts Will Be Fined: Australian Tax Office

The Australian Tax Office (ATO) has sent out warning letters to investors who have placed the majority of their retirement…

Australia: 100% Crypto-Invested Retirement Portfolios Are Illegal

The Australian Tax Office has issued warning letters to 18,000 Self Managed Super Funds (SMSFs) for concentrating too much investment…

Power Ledger and KEPCO Complete Blockchain Energy Trade Trial in Japan

Australian energy technology company Power Ledger and Japanese Kansai Electric Power Co. (KEPCO) have completed a joint trial of a…

Australian Police Charge 5 Over $1.8 Million Cryptocurrency Scam

Five people have been charged in Australia over a cold-call cryptocurrency investment fraud. After an investigation by the Financial and Cyber…

VeChain Releases Blockchain-Encrypted Wine Bottles For Australian Winemaker

Public enterprise blockchain platform VeChain has partnered with Autralian winemaker Penfolds to release a case of blockchain-encrypted wine bottles for…

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes.…

Government Restrictions on Cash Transactions Show Why Bitcoin is Important

The government of Australia wants to ban cash payments for goods and services exceeding 10,000 AUD ($6,900). Interestingly, it excludes…

Blockchain Startup Nets $2.4 Million in Public Funding to Fight Food Slavery

Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund…

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