Australia
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.
Facebook vs. Australia: Which Actually Won in the News and Power Battle?
Facebook is restoring news sharing in Australia after reaching a deal on a new media law. “The Hash” panel debates the power dynamics at play.
Facebook Blocks Sharing and Viewing of News in Australia
In light of Australia’s proposed law to make digital giants like Facebook pay content publishers for journalism, Facebook has blocked sharing and viewing news on its platform in the land Down Under. The Hash panel weighs in on the power dynamics at play and the growing debate over Big Tech and centralized platforms.
