Home » Tag Archives: Australia

Tag Archives: Australia

Australia Sets Registration Deadline for Cryptocurrency Exchanges

Join our community of 10 000 traders on Hacked.com for just $39 per month. Newly implemented regulations from Australia’s financial intelligence agency, AUSTRAC, has mandated domestic cryptocurrency exchanges to register with the authority before mid-May 2018. In an announcement on Wednesday, the Australian Transaction Reports and Analysis Centre (AUSTRAC) reminded cryptocurrency exchange operators of their obligation for compliance with the ...

Read More »

Australia Rolls Out New Cryptocurrency Regulations

A lot of things are changing in Australia. This is especially true when it comes to cryptocurrency. A new law has been introduced to bring additional regulation to this industry. Service providers need to adhere to the new guidelines introduced by the Australian Transaction Reports and Analysis Centre (AUSTRAC). It is the first time such regulations have been introduced to ...

Read More »

Australia Launches New Cryptocurrency Exchange Regulations

Australian cryptocurrency exchanges must abide by new anti-money laundering (AML) rules from April 3, the government has confirmed. According to fresh information now available on the website of the Australian Transaction Reports and Analysis Centre (AUSTRAC), ‘digital currency exchanges’ must now register with authorities, as well as commit to various reporting and identity checking procedures. The move comes as Australian ...

Read More »

Australia Seeks Public Input on its Tax Treatment of Cryptocurrencies

Join our community of 10 000 traders on Hacked.com for just $39 per month. Australia’s official taxation department has opened a public consultation to hear feedback about its tax guidelines on cryptocurrencies. In a statement this week, the Australian Taxation Office (ATO) confirmed an update of its cryptocurrency tax guidance after admitting to fielding a number of community queries ‘about ...

Read More »

Hong Kong Stock Exchange Seeks Dialogue With Australia… | News

The Hong Kong Exchanges and Clearing Market (HKEX) will begin collaborating with the Australian Securities Exchange (ASX) on the issue of Blockchain technology implementation, Financial Times reports today, March 20. ASX had announced in December of last year that it would begin using Blockchain to replace its current processing system for equity transactions, making it the first such exchange to ...

Read More »

Dutch Finance Minister Joins Australia in Warning Public of Cryptocurrency Scams

Amid the rising number of crypto-related scams that are coming about with the ever-increasing popularity of cryptocurrencies, Finance Minister Wopke Hoekstra outlined his concerns over the recent rapid boom in the popularity of the coins in a six-page letter to the Dutch House of Representatives and the Senate. Hoekstra argued that there has been little time to understand and react to the changing ...

Read More »

Australia Warns of Scammers Collecting Taxes in Bitcoin

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Australia’s official tax authority has warned the public of scammers purporting to be tax agents demanding cryptocurrencies like bitcoin for tax payments. The Australian Taxation Office (ATO) is alerting citizens of fraudsters impersonating the tax agency to seek payments of faux tax debts from unsuspecting victims in ...

Read More »

China to Meet With Australia to Deploy Blockchain Technology

A delegation of top-level Chinese technology executives is visiting Australia this week to explore the future and implementation of blockchain into industry. Austalia Hosts First Blockchain Meeting The delegation which is made up of the elite of China’s Fintech companies including Senior managers from Ant Financial, WeBank, JD.com, ZhongAn, Wanxiang and OnChain. The group is being led by Ming Li, director ...

Read More »

Australia: Two Bureau of Meteorology Employees Questioned About Cryptocurrency Mining

Wednesday of last week, the Australian Federal Police (AFP) executed a search warrant at the Bureau of Meteorology in Melbourne. According to ABC, people familiar with the raid said two employees were questioned regarding the use of the bureau’s powerful computers to mine cryptocurrencies. The rest of the bureau’s IT team was held in a conference room and told to ...

Read More »