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“# Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot ” The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs). The initiative, dubbed Project Dunbar, will prototype shared platforms enabling direct transfers between institutions using digital currencies issued…
“# MUFG boosts its crypto exposure following $41M Zipmex funding round ” Thailand’s Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (MUFG) holds a 76.9% stake – participated in the latest funding round for the Asia-Pacific-focused crypto exchange Zipmex. The $41 million raise, which saw the participation of two publicly traded Thai media…
“# ‘Surveillance state’: Australian police given sweeping new hacking powers ” Sweeping legislation allowing officials from the Australian Federal Police and Australian Criminal Intelligence Commission to target suspected criminals online has passed through the country’s parliament with bipartisan support. On August 25, the Identify and Disrupt bill passed through Australia’s Senate, introducing three new warrants…
“#Darts player Kyle Anderson dead at 33” Kyle Anderson, a decorated Australian darts player, has died. The Professional Darts Corporation (PDC) confirmed his death on Monday in a statement. Anderson was 33. “We send our condolences and best wishes to Kyle’s family and friends at this terribly sad time, particularly his wife and children,” PDC…
“# Australians lost over $25 million to bogus crypto investments: Report ” Investment scams in Australia cost investors more than 70 million Australian dollars ($50.5 million) in the first six months of 2021, with crypto scams contributing to more than 50% of the losses, according to Scamwatch data. As reported by the Australian Competition and…
“#Australian rescue dogs shot dead over COVID-19 restrictions” Sign up for our special edition newsletter to get a daily update on the coronavirus pandemic. Several dogs, who were slated to be rescued, were shot dead in rural Australia due to a local council’s interpretation of the country’s COVID-19 lockdown restrictions. The Bourke Shire Council in…
“# Australia and Singapore conclude digital verification blockchain pilot ” The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA) and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing the status of the countries’ digital verification systems in issuing and verifying trade documents. The collaborative venture was…
“# Australian regulator issues warning about unlicensed crypto businesses ” As crypto breaches mainstream finance, authorities have started issuing warnings to citizens against unregistered crypto businesses. Joining this list today is the Australian Securities and Investments Commission (ASIC) as it warned Aussie investors to be wary of unlicensed entities that offer financial products. In a…
“#Australia’s largest state reports COVID infection record” Australia’s largest state reported a record number of new daily COVID-19 infections. New South Wales reported 466 new locally acquired COVID-19 cases on Saturday, according to The Associated Press. The previous record, 390, had been reported on Friday, according to the report. In response, New South Wales Premier…
“# Alex Saunders sued for $350K by Nuggets News follower ” Australian crypto influencer Alex Saunders is being sued by a disgruntled follower of his YouTube channel and advice service Nuggets News. The plaintiff, New Zealand-based Ziv Himmelfarb, filed a formal written order on Aug. 11 in the Victorian Supreme Court demanding that Saunders repay…