Australian Treasurer Jim Chalmers believes cryptocurrency can modernize the country’s financial system. RBA Governor Skeptical of Bitcoin Australian Treasurer Jim Chalmers says cryptocurrency can help modernize the country’s financial system and should not be hindered by excessive regulation. While acknowledging legitimate concerns about crypto’s use by criminals, Chalmers noted that Donald Trump’s re-election has prompted […]
Australia’s financial intelligence agency has said it will crack down on cryptocurrency ATM providers to combat money laundering and scams. Task Force Targets Crypto ATMs The Australian Transaction Reports and Analysis Centre (AUSTRAC), Australia’s financial intelligence agency, announced Dec. 6 it will crack down on cryptocurrency ATM providers that fail to comply with the country’s […]
The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging tokenized assets like commercial paper. ANZ aims to contribute to developing a stable, secure digital […]