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” Australian prudential regulator releases roadmap for cryptocurrency policy “ The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities associated with crypto assets are still relatively limited in Australia, the potential scale…
” AUSTRAC releases 2 new guides to help spot illicit crypto use “ Australian financial compliance enforcement agency AUSTRAC has released two new guides to help entities to spot when customers are using crypto for illicit means, or when they are being forced to pay the creators of ransomware. But it warned that debanking customers…
“Australian scientists to fuel Tesla with printed solar panels” GOSFORTH, Australia – Scientists in Australia are testing printed solar panels they will use to power a Tesla on a 9,400-mile journey beginning in September, which they hope will get the public thinking about steps to help avert climate change. The Charge Around Australia project will…
” Australia’s first Bitcoin ETF could attract $1 billion after launch next week “ Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows. An ETF is a regulated exchange traded fund that allows investors to…
” Animoca Brands buys major stake in Aussie digital services agency “ NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided Web2 firms with advertising and digital strategy since 2013. While the company isn’t geared…
” DAO regulation in Australia: Issues and solutions, Part 3 “ Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. Crypto anarchy is unlikely to be the future that the majority of people support. Company…
“‘Brain machine’ could hear alien signals by 2030” An enormous radio telescope will begin scanning the night sky for signals sent by aliens by the end of the decade. The Square Kilometer Array (SKA) will boast a staggering 197 dishes and 130,000 antennas located across South Africa and Australia. It’s designed to pick up radio…
” DAO regulation in Australia: Issues and solutions, Part 2 “ Lawmakers in Australia want to regulate decentralized autonomous organizations (DAO). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. Regulating a decentralized autonomous organization (DAO) as a company, first of all, means registration as…
” ‘Docklands DAO’ plan to help Melbourne precincts recover from the pandemic “ The Royal Melbourne Institute of Technology’s (RMIT) Blockchain Innovation Hub has released a report proposing the implementation of pilot Decentralized Autonomous Organization (DAO), to assist specific precincts in Melbourne’s CBD in recovering from the impacts of the pandemic. The report, which is…
” Commonwealth Bank’s plans to expand crypto services to 6.5M delayed by red tape “ Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app. In an Australian first, the bank aims to grant all of its 6.5 million users access to cryptocurrency services. The CBA’s…