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Australian Senator Endorses Blockchain as a Solution to Regulatory Compliance

Australian Senator Andrew Bragg endorsed blockchain technology, saying that it could be one of the solutions to ease compliance with financial regulations without the need to sacrifice transparency. In a speech that he delivered on Wednesday at the Future of Financial Services 2020 Virtual Conference, Bragg stated that the future of technology is one thatRead MoreRead More. дальше »

2020-11-5 14:00


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Reserve Bank of Australia Considers Use of Digital Currency Powered by the Ethereum Blockchain

The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with the Commonwealth Bank, National Australia Bank, Perpetual, and blockchain technology company ConsenSys to look into the use of a CBDC based on […] дальше »

2020-11-3 17:28


Reserve Bank of Australia Sees No Rush in Launching A CBDC; Aussie Banknotes Are Working

As other nations are rushing to launch central bank backed digital currency dubbed CBDC, Australia is not joining the bandwagon. As per the Australian local news platforms, the Reserve Bank of Australia recent payments paper indicates that the bank is taking a cautious stand when it comes to CBDCs and privately issued stablecoins. дальше »

2020-9-18 00:59


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Australian Banks Partner with IBM on Trade Guarantee Project 

A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac, and a group of 20Read MoreRead More. дальше »

2020-9-7 17:07


Australian Senate Sees Blockchain Technology As The Future Of FinTech And RegTech

Australian Senate releases a report on the impact of blockchain technology on the country’s economy, technology status, and regulation technology. Released earlier this month, the 281-page interim report, “Select Committee on Financial Technology (FinTech) and Regulatory Technology (RegTech)”, focused on innovative technologies, laying out the benefits of implementing blockchain technology across the economy. дальше »

2020-9-7 16:40


Revolut Launches Crypto Exchange for Australia; Adds Bitcoin Cash and Litecoin for US Traders

Revolut, a leading European brokerage firm with a foothold in crypto operations, is scaling its services into the Australian market. The company made a debut in Australia last month and will now be offering crypto services tailored to six digital assets, including Bitcoin (BTC), Bitcoin Cash (BCH), Stellar (XLM), Litecoin (LTC), XRP, and Ethereum (ETH). дальше »

2020-9-3 16:44


Australian BitConnect Promoter Banned From Financial Services

Australian authorities have banned former BitConnect associate John Bigatton from providing financial services for seven years. According to a statement from the Australian Securities and Investment Commission (ASIC) on Thursday, ASIC has banned John Louis Anthony Bigatton, of New South Wales, from providing financial services for seven years. дальше »

2020-9-3 16:09


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Ripple (XRP) breaks support as the platform faces lawsuit in Australia

Ripple (XRP) price broke below key short-term support at $0. 27 as the sellers assumed control of the price action. In the meantime, the crypto giant is facing a lawsuit in Australia.   Fundamental analysis: Legal troubles for Ripple A large Australian financial services company is pressing charges against the crypto company Ripple Labs on trademark infringement allegations. дальше »

2020-8-29 18:04


New Payments Platform Australia (NPPA) Sues Ripple for ‘PayID’ Trademark

An Australian financial services firm, known as New Payments Platform Australia (NPPA), has sued Ripple Labs over a trademark infringement allegation that involves the PayID brand. The lawsuit, which was filed last week in a federal court in New South Wales, alleges that Ripple Labs infringed on Australia’s Trademarks Act of 1995 as well as […] The post New Payments Platform Australia (NPPA) Sues Ripple for 'PayID' Trademark first appeared on BitcoinExchangeGuide. дальше »

2020-8-27 17:55


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Australian payments firm sues Ripple over PayID branding

New Payments Platform Australia (NPPA), a group comprising all the significant banks in Australia is suing Ripple. A Report unveiled this news on August 26, noting that the consortium sued Ripple after it went against Australia’s Trade Marks Act (1995) and the Australian Consumer Law by using the organization’s brand and trademark dubbed PayID without authorization. дальше »

2020-8-27 17:10