Top 10 Smart Contract Auditing Companies in Australia
In the present age of digital transformation, more and more businesses are moving towards the deployment of smart contracts. Self-executing contracts in which the terms of the bargain between buyer and seller are immediately written into code are known as smart contracts. Smart contracts and Cryptocurrencies are powered by blockchain technology and have the potential […]
Huobi Group Has Been Registered in Australia as a Digital Currency Exchange Provider
Huobi Group, one of the world’s leading digital asset service providers, has completed its registration with the Australian Transaction Reports and Analysis Centre as a digital currency exchange provider (AUSTRAC). This is the company’s first step toward offering digital currency exchange services in the country. It is also the most recent compliance milestone in the […]
Australia Takes a Big Step: Exempt Bitcoin and Other Cryptocurrencies from Foreign Currency Taxes
Australia’s government has officially confirmed that virtual currencies like Bitcoin and others are exempt from the tax regulations that apply to transactions involving foreign currencies. The status of Bitcoin and other crypto-assets for Australian taxation purposes may come into question as a result of the judgment, according to Treasurer Jim Chalmers and Assistant Treasurer Stephen […]
Australia’s Largest Bank Breaks Off Cryptocurrency Services After UST and LUNA Crashed
The Commonwealth Bank of Australia has stopped its in-house cryptocurrency trading program after Terra tokens lost their value in the crypto market. Terra tokens, LUNA and UST, experienced a massive collapse recently, prompting the Commonwealth Bank of Australia (CBA) to temporarily suspend the launch of its cryptocurrency services, which it planned to unveil later this […]
Australian Banking Giant Launch Offering of Bitcoin and Ethereum Services
Commonwealth Bank of Australia (also known as CommBank) announced that it will enable its customers to buy, sell and hold cryptocurrencies. The crypto assets that this new plan will support are Bitcoin (BTC/USD) and Ethereum (ETH/USD). With this development, CommBank will be the first bank in Australia to offer cryptocurrency services. CommBank Cooperates With Gemini […]
Ripple Partner Airwallex Unicorn Introduces Online Card Payment Solution in Australia
Airwallex, one of Australia’s three largest unicorn companies (a company valued at more than $1 billion), is launching an online card payment platform in Australia, according to Paypers. After entering into a partnership with fintech giant Ripple in 2017, it uses RippleNet. Airwallex’s Online Payment Solution Via Visa and MasterCard According to U. Today, the […]
India to test Blockchain-based Voting Technology
The fifth largest economy in the world, India has shown an interest in using blockchain technology to improve its democratic process and will soon start bogus trials, according to India’s chief election commissioner. In commemoration of the 11th National Election Day, Chief Election Commissioner Sunil Arora announced that the country’s new long-distance election plan would […]