Australia
Australian Crypto and Remittance Businesses Face ‘Debanking,’ Senate Committee Hears
An Australian Senate Committee has heard several cases of financial institutions denying or terminating banking services to local cryptocurrency and remittance businesses. Australian banks stand accused of "debanking" and engaging in “anti-competitive” behavior. "The Hash" team discusses the latest regulatory news out of Australia illuminating the complex relationship between traditional finance and the crypto economy.
Australian Parliament Passes Legislation Handing ‘Extraordinary’ New Hacking Powers to Authorities
The Australian Senate passed a new bill that hands “extraordinary” new hacking powers to authorities, who will now be able to access the computers and networks of those suspected of conducting criminal activity online, taking over their online accounts covertly.
Blockchain Investment Goes Green, Court Says Bitcoin Legally Protected
Hong Kong-based Sonic Capital launches a green investment initiative. Shanghai court rules bitcoin is legally protected virtual property and Australia and Singapore team up on cross border trade blockchain trial. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Ethereum Upgrade Closely Watched, India Launches E-Rupi Voucher
Investors keep a close watch on Ethereum’s London upgrade. India launches e-RUPI digital payment vouchers, and Australia’s Coinjar partners with Mastercard to launch a crypto card. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Hong Kong Crypto Crime Surges, Tencent Launches NFT Platform
Crypto-related crimes surge to record levels in Hong Kong. Australia’s Afterpay to be acquired by Square. Chinese tech giant Tencent launches an NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Is Solana Better Than Ethereum?
Australia-based blockchain company Power Ledger is migrating to Solana from Ethereum in search of higher speed and scalability. "The Hash" hosts discuss Solana as a rising protocol looking to take on Ethereum's dominance in the DeFi space. "Ethereum's very likely to be the winner here," host Adam B. Levine said, despite Solana's advantage over transaction speed.
South Korea Government Assists Crypto Exchanges; Australian Firm Accepts Crypto for Rent
Seoul will organize visits to crypto exchanges for regulatory oversight. Singapore’s Stake Technologies completes a U.S. $10 million fundraiser to meet parachain goals. Australian office space company Business Hub to allow crypto as rent payment option next year. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Hong Kong Eyes CBDC; Aussie Millennials Favor Crypto vs. Real Estate
The Hong Kong Monetary Authority to launch a study into digital currency feasibility. Survey finds Australian millennials favor investing in crypto over real estate and holding bank accounts. UNICEF Innovation Fund picks seven blockchain startups for funding.
ASEAN+1 Pledge to Advance Blockchain; PayPal to Launch Wallet in China
Blockchain and fintech groups in five ASEAN countries and Australia sign memos to advance blockchain innovation together. The consortium hopes to engage regional regulators as blockchain draws more attention from institutions. PayPal announces plans to launch a new domestic wallet in China, with a focus on cross-border payments.
Australia Considering a Blockchain-Based Digital Currency
Reserve Bank of Australia Governor Phillip Lowe said the central bank is considering a blockchain-based digital currency. "The Hash" panel weighs in on the state of crypto investing in Australia and what kind of impact an Australian central bank digital currency (CBDC) would have on the market and economy.
