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Australia Announces National Blockchain Roadmap and Further Boost to Government Funding

Australia has unveiled a national blockchain strategy and roadmap, with a boost of AU$100,000 (~$71,200) in further funding from the federal government. The news was announced in a joint media release from two Australian ministries on March…
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Police Mistake Crypto Mining Rigs For Drug Den in Raid Gone Wrong

Police in Adelaide, Australia raided the home of Rob Butvila expecting to find a marijuana grow room, but instead they found an elaborate crypto mining set up, complete with a ventilation system to keep heat the miners generate at bay. Butvila…
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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…