cryptocurrency

May
01

RBA not suitable to regulate new payments technologies

The government is being urged to follow in the UK’s footsteps and create a new regulatory body for the payments industry that can regulate new forms of payments being made via blockchain and cryptocurrencies. A white paper commissioned by lobby group the Australian Taxpayers’ Alliance and conducted by researchers from RMIT University found that existing […]

By Reposted by Australian FinTech | Currency . FinTech . Payments
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Apr
30

ASIC looking to regulate overseas ICOs under Australian laws

Australian regulations may apply to ICOs, even when created and offered overseas, warns commissioner. ASIC will be eyeing initial coin offerings (ICOs) as it moves to update its guidelines for companies raising funds by issuing digital currencies or tokens. Specifically, it warns that Australian laws may apply to ICOs even when they’re created and offered […]

By Reposted by Australian FinTech | FinTech . Investing
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Apr
27

Blockchain poised to revolutionise the financial services industry

It’s tempting to dismiss blockchains and the cryptocurrencies they support as a techno fad that will fade as quickly as it appeared. However, there are growing signs the technology is poised to shake the financial services sector to its core. At its heart, a blockchain is a digital ledger in which transactions between parties are […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Apr
27

There are now 17 million bitcoins in existence – only 4 million left to ‘mine’

More than 80 percent of the bitcoins that will ever exist have now been created. The 17 millionth bitcoin was “mined” Thursday, according to data from Blockchain.info, more than a year since the number of coins topped 16 million. But only 21 million bitcoins will ever exist, according to the design of the cryptocurrency’s anonymous […]

By Reposted by Australian FinTech | Bitcoin . FinTech
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Apr
26

Blockchain technology drives demand for skilled business and IT leaders

Less than 10 years ago very few people were aware of what cryptocurrency was, let alone understand the technology that was driving it, and now it’s an industry that is hurtling towards being valued at $400 billion internationally as new “cryptos” are launched each month. Bitcoin was the trailblazing cryptocurrency which was launched with little […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech
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Apr
24

‘Burning’ coins: how Bitcoin Cash became the world’s hottest cryptocurrency

Bitcoin Cash is the hottest cryptocurrency around right now for more reasons than you may imagine. The offshoot of the biggest digital token has surged about 25 per cent since Friday, in part because Antpool, one of the largest mining groups, is “burning” a portion of the coins it receives in exchange for solving the […]

By Reposted by Australian FinTech | Bitcoin . Currency . FinTech
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Apr
23

Change Financial looks to shake up the status quo for financial enterprise

US-based yet ASX-listed fintech company Change Financial (ASX: CCA) has announced three commercial deals to assist the growth of its enterprise division ahead of the full launch of its Software as a Service (SaaS) solution. The fintech newcomer has secured variously structured deals with Mastercard, Central Bank of Kansas City (CBKC) and Pulse, respectively. The […]

By Reposted by Australian FinTech | Banking . Blockchain . FinTech
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Apr
22

How a Brisbane-based startup protects global initial coin offerings from hackers

Brisbane-based cyber security company Entersoft has successfully helped launch and protect $US1 billion of initial coin offerings to the world market without a single hack or lost token value. And the security support service for ICOs, which includes anti-phishing and smart contract security, has been operating for just 10 months. Entersoft has since mid-2017 helped […]

By Reposted by Australian FinTech | Blockchain . Currency . FinTech . Investing
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