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A raising trend of investment scams in Australia
...ralia **new regulatory requirements entered into force** and the Australian authorities proceed to inform cryptocurrency exchange platforms, that they are now subject to this new regulation, with **one of the requirements being – registration with austrac**. As we already stated earlier, investing in cryptocurrency and ICO is a very painstaking and risky step, and it must be approached with e...
Path: BlogAustralia is planning to implement blockchain technology in order to automate transaction reporting
**The Australian Transaction Reports and Analysis Centre (austrac) currently is testing a blockchain prototype with a goal of funds transfer automation.** ZDNet reported this Sunday that the austrac has partnered with the Swinburne University of Technology in Melbourne for the purpose of building a model for testing. The aforementioned associates will particularly test how blockchain and rela...
Path: BlogAustralia Crypto License
...hey have adequate financial resources to meet the compliance and operational standards set by the regulatory authorities, such as the Australian Securities and Investments Commission (ASIC) and the Australian Transaction Reports and Analysis Centre (austrac). Overview As of March 2024, Australia does not yet have a defined process or timeline for cryptocurrency licensing, as regulations are ...
Path: Licensing