Australia

After the 1st of July 2017, Australian blockchain and Bitcoin-related businesses that have relocated abroad can return. Coinidol.com contacted experts from Australia and asked them about the problems that the government should solve for the cryptocurrency and blockchain markets during the next year.

The Australian government has finally decided to drop the goods and services tax (GST) on digital currency purchases, including Bitcoin.

The Australian government has released a response to the Productivity Commission Inquiry Into Business Set-Up, Transfer And Closure, with a statement that it is going to solve the problem of double taxation of digital currencies.

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Morgan Stanley, Goldman Sachs and Santander are reported to be dropping their membership in the R3 CEV Blockchain consortium.

One of the leading online travel agencies in Australia and New Zealand, Webjet, and technology giant Microsoft have announced the launch of a first-of-the-kind proof-of-concept (PoC) solution based on Blockchain technology and designed to transform the travel industry.

The world’s second largest confiscated Bitcoin auction will be held by the Australian arm of Ernst & Young on June 20th, 2016 in Sydney.