Australia

Australian Government Agency Says Blockchain 'Interesting' But Hyped
Australia's Digital Transformation Agency says blockchain is hyped by firms working with the tech and still has better alternatives.

Australian Securities Watchdog Halts ICO Seeking to Raise $50 Million
An Australian ICO project planning raise up to $50 million has been halted by the country's securities regulator.

Australian State Eyes Blockchain Upgrade for Property Transactions
The New South Wales state government is trialing blockchain tech from ChromaWay as part of a bid to digitize property conveyance by next summer.

Australia Wants Citizens With Disability to Settle Insurance on a Blockchain
Australians with disabilities may soon have an easier way to settle insurance payments, thanks to a blockchain initiative from CommBank and CSIRO.

ASX-Listed DigitalX Hit With Legal Action Over ICO Involvement
Shares in the ASX-listed blockchain firm DigitalX slumped Friday after it revealed it is facing a legal claim from investors in an ICO it advised.

Australia's Science Agency Claims Breakthrough in Global Blockchain Test
Australian federal body CSIRO says a blockchain network it developed has achieved 30,000 transactions per second in a global test.

Australia's Securities Watchdog Has Halted 5 ICOs Since April
Australia's securities regulator said late last week that it has halted five initial coin offerings (ICOs) in as many months.

Australian State Pilot Puts Driver's Licenses on a Blockchain
Australia's New South Wales government is turning to blockchain for a state-wide test of a driver license digitization program slated for November.

Australian Watchdog to Apply Market Rules to Crypto Exchanges
Australia's securities regulator has said it plans to apply financial market rules to crypto exchanges and closely scrutinize ICOs.

ASX Postpones Roll-Out of Blockchain Settlement System
The Australian Securities Exchange has pushed back the launch of its blockchain-based CHESS replacement after feedback from stakeholders.

