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Australia Wants To Limit Cash Payments Not Cryptocurrency

Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a new set of preliminary guidelines that govern the size of cash-based currency payments. дальше »

2019-7-29 09:21


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Grandma-Friendly Bitcoin Lightning Network Wallet Launches in Australia

A partnership to roll out Bitcoin payments using the Lightning Network across Australia went live January 4 with the beta launch of Wallet of Satoshi. 1000 Beta Wallets Launch The product of payment gateway Living Room of Satoshi (LRS) and TravelbyBit, billed as “Australia’s first cryptocurrency travel agency,” the wallet aims to bring Lightning payments to entry-level Bitcoin users. дальше »

2019-1-4 16:00


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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space. дальше »

2018-8-2 00:27


Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests

Dr. Tony Richards, head of payments policy at the Reserve Bank of Australia, said that the stability of the Australian dollar would make widespread Bitcoin adoption in the country unlikely. He also suggested that the local use of the currency is so limited that the central bank does not consider it a major impact on […] Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-6-27 22:23


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No Cryptos Planned for Issue by Central Banks in Australia and New Zealand

The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to дальше »

2018-6-26 17:07