Australia

Australia passes the first sentence related to cryptocurrency theft, proving that law enforcement is gearing up to govern the digital currency and blockchain industry.

Australian police arrested a 52-year-old Sydney-based woman for running an illegal crypto exchange that has since handled over 5 million AUD in cryptocurrency transactions. This kind of case was handled for the first time in the country’s history.

A report by GoDaddy shows that an unidentified individual purchased Loser.com, a domain worth more than $21,000, and he/she has used this particular platform to violently mock Craig Steven Wright, a 49-year old businessman from Australia claiming to be Nakamoto Satoshi, the original Bitcoin inventor.

According to the latest release by Samsung Australia via Twitter, it is now clear Galaxy S10 blockchain and cryptocurrency smartphone will only be available for three countries: United States, South Korea and Canada.

The Philippines beseeched Japan, Australia, South Korea to invest in its 'Cryptocurrency Valley of Asia.' CEZA declared this plan last week.

The federal science agency and the top commercial financial institutions in Australia reveal they have finished an efficacious trial of a prototype Blockchain technology App to make money very "smart." DLT-powered smart money has gigantic social and economic boons for Australia’s insurance scheme for all people who are living with disabilities and incapacities.

Australia Post, the nation's delivery service, has begun applying digital identification tech to allow digital currency exchanges to make KYC checks in just minutes.

Wealthman is the first-ever fintech company to develop an anti-fraud wealth management infrastructure and continuously highlighting the need for significant changes in the industry. One of the glaring examples of why the sector needs major restructuring is this year’s events in Australia.

Bitcoin is gaining acceptance not only among consumers but also with retailers in countries all over the world. Data collected from coinmap.org reveals Romania is one example which has 47 vendors in 17 localities who accept Bitcoin transactions, most being in the vicinity of Bucharest.