cryptocurrency

Mar
09

Greg Medcraft urges innovation on blockchain technology

Australian Securities & Investments Commission chairman Greg Medcraft has called on market regulators around the world to “start thinking about” the challenges of blockchain, the tech­nology behind cyber-currency bitcoin. Mr Medcraft, who is also ­chairman of the International ­Organisation of Securities Commissioners, urged regulators to consider the potential challenges of blockchain at a recent meeting […]

By Cameron Dart | Bitcoin . FinTech
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Feb
24

Australian Startup Rewards Customers Paying Bills with Bitcoin

An Australian startup that acts as an intermediary to enable Australians to pay their bills with Bitcoin is now rewarding customers with a first-of-its-kind loyalty program. Living Room of Satoshi, aptly named after Bitcoin’s pseudonymous creator Satoshi Nakamoto is an Australian blockchain-based payments company that enables its users to settle their bills with bitcoin. Customers […]

By Cameron Dart | Bitcoin . Currency . FinTech . Payments
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Feb
23

Reserve Bank says Australian dollars could come in digital form in future

Death of the cheque and the rise of Bitcoin? FinTech is certainly gaining momentum in Australia with the RBA hinting at digital dollars, or a form of Bitcoin, in the future is quite a possibility.   It is entirely possible that Australian dollars will come in digital form in the future, breaking the link entirely […]

By Australian FinTech | Banking . Bitcoin . Currency . FinTech
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Feb
06

Blockchain and how it will change everything

In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence for an exclusive pow wow on an issue occupying some of the top markets minds in the world. The topic for discussion on the picturesque Necker Island was the “blockchain”. “Every now and then, […]

By Australian FinTech | ASX . Banking . Bitcoin . FinTech
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Dec
18

ANZ Bank joins tech giants creating blockchain ‘Hyperledger’

Australia and New Zealand Banking Group has joined a slew of tech giants and financial institutions banding together to explore how blockchain technology may further their businesses and potentially replace the dated international money transfer system. Lead by not-for-profit organisation The Linux Foundation, ANZ will join the likes of IBM, Intel, the London Stock Exchange, […]

By Australian FinTech | Banking . Bitcoin . Currency . FinTech
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Dec
16

RBA governor Glenn Stevens backs blockchain and tech disruptors

The blockchain technology that underpins controversial crypto-currency bitcoin could bring significant benefits to the global banking system, Reserve Bank of Australia governor Glenn Stevens said. Speaking in his regular year-end interview with The Australian Financial Review, Mr Stevens said it was important for banks to figure out how the technology could be used to create […]

By Australian FinTech | Banking . Bitcoin . FinTech
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Nov
09

Cryptocurrencies: what to study until there’s a ‘bachelor of bitcoin’

Joel Emery’s passion is cryptocurrencies, IT and tax law. It’s dense stuff, but despite a recent senate inquiry, legal treatment of new financial technologies is in its infancy so Emery’s Bachelor of Laws honours thesis at ANU is in some ways ahead of the regulators. Bitcoin emerged in 2008 as the first decentralised cryptocurrency, a […]

By Australian FinTech | Bitcoin . FinTech
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Oct
30

Bitcoin lures as investors fret over uncertain markets

Investors appear to be increasingly turning towards bitcoins, rather than gold, as the best way to protect themselves against unpredictable financial markets. Worries that the US Federal Reserve could make good on its threat to raise interest rates before the end of the year pushed gold to a three-week low overnight, with the price of […]

By Australian FinTech | Bitcoin . FinTech . Investing
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