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Australian DTA Tells Senate There is Better Technology Than Blockchain

Australia’s Digital Transformation Agency (DTA) has told the Senate that there is better technology for every use of blockchain considered today. The agency received AU$700,000 from the Australian 2018-19 Budget to explore blockchain for…
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Couple Charged with Money Laundering, NSW Police Call Crypto a Challenge

The New South Wales Police Force have placed two Sydney residents in custody after they allegedly attempted to launder $300,000 in cash that was suspected to be involved in a string of crimes, by converting them into crypto. Criminal Crypto…
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Australia’s Biggest Bank Launches World’s First Blockchain Bond With World Bank

Australia has maintained a Blockchain-friendly position with its government-backed exploration of Blockchain technology for various applications. Now, it is getting ready to issue the world’s first Blockchain bond upon being mandated by the…
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EU Report: State Cryptocurrencies Could Create a Stable Financial System

An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to…